It acts like a bank and keeps securities in electronic form on behalf of the investor ........

It acts like a bank and keeps securities in electronic form on behalf of the investor,

Depository Participant

Depository

Stock exchange

None of the above

- Depository:

- Acts like a bank for securities.

- Holds securities in electronic form.

- Maintains and facilitates the buying and selling of securities by investors.

- Depositories are crucial for dematerialization of securities.

- ?? Correct Answer.

- Depository Participant:

- Intermediary between the investor and the depository.

- Helps investors open accounts with the depository.

- Stock Exchange:

- A marketplace where securities are traded.

- It does not hold securities electronically.

- None of the above:

- Irrelevant in the context.

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