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Business Studies

Dematerialisation and Depository

BSE also prov...

Question

BSE also provides depository services through its _______ arm.

A

Central Depository Services Ltd. (CDSL)

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B

National Securities Depository Limited (NSDL)

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C

NSE

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D

SEBI

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Solution

The correct option is A Central Depository Services Ltd. (CDSL)
BSE also provides depository services through its Cenrtral Depository Services Limited(CDSL) arm. CDSL helps to hold securities either in the certificated or uncertificated form. CDSL enabled book entry transfer of securities. CDSL can be defined as the second Indian securities depository.

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