To verify the registration status of a broker or sub-broker, it is recommended to check their registration nu…

Question

To verify the registration status of a broker or sub-broker, it is recommended to check their registration number or relevant details on the official website of the Securities and Exchange Board of India (SEBI). Brokers usually have registration number that start with "________".

Accepted Answer

## Model Answer The correct answer is **(C) INB**. A broker's registration number begins with the letters **'INB'**, and that of a sub-broker begins with **'INS'**. Source: Chapter 4, Section 4.1.2 (Stock Trading) --- ## Explanation The passage explicitly states: *"A broker's registration number begins with the letters 'INB' and that of a sub broker with the letters 'INS'."* Students often confuse INB (broker) with INS (sub-broker) — remember **B for Broker**, **S for Sub-broker**.

Financial Market Management — CBSE Class 10 board question