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A passage on Financial Markets
Which of the following are depositories? (2 marks)
I. NSDL
II. CDSL
III. CCIL IV. CRISIL
I and II only
I, II and III only
II and III only
III and IV only
All of the above
- NSDL and CDSL are depositories in India, which provide services to hold securities like stocks in electronic form.
- CCIL (Clearing Corporation of India Limited) offers clearing and settlement services for transactions, but it is not a depository.
- CRISIL is a credit rating agency in India, not a depository.
The correct option is Option: 1, I and II only as only NSDL and CDSL are depositories.
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