Who is a depository?

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Who is a depository?

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Description : What is referred to as 'Depository Services'? (1) A new scheme of fixed deposits (2) A method for regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

Last Answer : (3) An agency for safekeeping of securities Explanation: It is a service offered by a securities depository under which the depository maintains book accounts recording the ownership of securities held on behalf of the depository's participants, for eligible securities.

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Description : What is referred to as ‘Depository Services’ ? (1) A new scheme of fixed deposits (2) A method for regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

Last Answer : An agency for safe-keeping of securities

Description : What is referred to as “Depository Services” ? (1) A new scheme of fixed deposits (2) A method of regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors 

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