Q1. [1] § Who is a Depository Participant (DP)?
“The Depository provides its services to investors through its agents.” By what destignation are the agents known as ?
Previously asked in CBSE board exam
2023 92 Q7
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer
The agents of a Depository are known as Depository Participants (DPs).
Source: Who is a Depository Participant (DP)?, Chapter 6
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Explanation
The examiner expects just the term "Depository Participants (DPs)" — the full form with abbreviation earns full marks. No further detail is needed for a 1-mark question.
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