Question

______ is an institution or organisation, which holds securities in electronic form, in which trading is done. 

Options

• Stock Exchange

• SEBI

• Depository

• None of the above

Answer 1

Depository

Explanation -

A depository is similar to a bank in that it stores money in safe custody for customers. Keeps confidential information in an electronic format on behalf of the investor. It's an electronic storage system that's driven by technology. It doesn't have any paperwork related to state certifications, transfers, or forms, for example.'