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Business Studies

Trading and Settlement

Who are depos...

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Who are depository participants?

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Solution

Depository Participants (DPs) include SEBI, selected brokers, banks, sub-brokers etc., who act as agents or intermediaries between depositors and investors by providing dematerialised DEMAT accounts.

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Q. Investors are expected to open ____ with Depository Participants and deposit their share certificates for the purpose of converting them to the electronic format.

Q. Investors are expected to open _________ account with depository participants and deposit their share certificates for the purpose of converting them to the electronic format.

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