It serves as an intermediary between the investor and the depository who is authorised to maintain the accounts of dematerialised shares.
A)Depository Participant
B)Depository
C)Stock exchange
D)None of the above

Question

Quizplus · Accepted Answer

Depository Participants (DPs) act as intermediaries between the investor and the depository. They are authorized entities that maintain investors' dematerialized securities accounts, enabling the holding of securities in electronic form.

It Serves as an Intermediary Between the Investor and the Depository