UPSC 2019 › Indian Economy › Financial Markets & Capital Markets

1 question · 2019 · answers as per the UPSC key

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UPSC 2019 · Q67 · Indian Economy › Financial Markets & Capital Markets · Save

Which of the following is issued by registered foreign portfolio investors to overseas investors who want to be part of the Indian stock market without registering themselves directly?

(a) Certificate of Deposit
(b) Commercial Paper
(c) Promissory Note
(d) Participatory Note
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Answer: (d) Participatory Note