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NISM Certifications · NISM-Series-VI: Depository Operations · Functions of Depository Participant - Account Operations

Which of the following is a statement of a BO's account activity that a DP must provide to the BO at the prescribed periodic interval where there are transactions in the account?

The DP must give the BO a transaction statement. It lists the debits and credits in the demat account at prescribed intervals. A contract note comes from the stock broker, a margin statement concerns margins, and a bhav copy is an exchange price record.

  1. ATransaction statementCorrect
  2. BContract note
  3. CMargin statement
  4. DBhav copy

Explanation

A DP provides BOs a transaction statement showing the debits and credits in the account and holding statement showing balances, at prescribed intervals. A contract note is issued by a stock broker for trades, a margin statement relates to broker margins, and a bhav copy is an exchange price publication.

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