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Introduction to Financial Markets (405) — CBSE Class 10 board question

Q1. [1] § Which are the depositories in India?
Which of the following provides dematerialization of securities ?
  1. (A) Reserve Bank of India (RBI)
  2. (B) National Securities Depository Limited (NSDL)
  3. (C) National Stock Exchange (NSE)
  4. (D) Securities Exchange Board of India (SEBI)
Previously asked in CBSE board exam
2025 92 Q4 (iv)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

(B) National Securities Depository Limited (NSDL)

NSDL and CDSL are the two depositories in India that provide dematerialization of securities.

Source: Chapter 6

Explanation

The passage clearly states there are two depositories — NSDL and CDSL. RBI is the central bank, NSE is a stock exchange, and SEBI is the regulator; none of them provide dematerialization. Examiners expect the correct option with a one-line justification.

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Previous-year CBSE Grade 10 board exam questions, organised by subject and chapter, each with a model answer — free to read and print.