NISM Certifications · NISM-Series-VI: Depository Operations · Introduction to Depository
Which of the following is a depository in India registered under the SEBI (Depositories and Participants) framework?
NSDL is a registered depository in India, along with CDSL. NSE is a stock exchange, Indian Clearing Corporation is a clearing corporation, and the Reserve Bank of India is the central bank, so none of those is a depository.
- ANational Securities Depository Limited (NSDL)Correct
- BNational Stock Exchange of India Limited
- CIndian Clearing Corporation Limited
- DReserve Bank of India
Explanation
India has two depositories, NSDL and CDSL. NSE is a stock exchange, ICCL is a clearing corporation, and RBI is the central bank.
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