NISM Series XXI-A Practice Questions - NISM-Series-XXI-A Portfolio Management Services (PMS) Distributors Certification Examination Exam

A Depository Participant (DP) in the Indian securities market acts primarily as a:

Market maker that quotes two-way prices Credit rating agency for debt issues Agent of a depository providing demat account services to investors Stock exchange that lists securities

Correct Answer:

Agent of a depository providing demat account services to investors

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