NISM Certifications · NISM-Series-VI: Depository Operations · Introduction to Depository
Which of the following is a depository in India, as per the structure of the Indian capital market?
National Securities Depository Limited is a depository, one of the two in India along with CDSL. NSE is a stock exchange, Indian Clearing Corporation is a clearing corporation, and the Securities Appellate Tribunal is an appellate body.
- ANational Securities Depository LimitedCorrect
- BNational Stock Exchange of India Limited
- CIndian Clearing Corporation Limited
- DSecurities Appellate Tribunal
Explanation
India has two depositories: NSDL and CDSL. NSE is an exchange, ICCL is a clearing corporation, and SAT is an appellate body, so none of those is a depository.
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