Financial Intermediaries

What is the role of a stock broker?

• To facilitate fund transfers between bank accounts

• To store digital share certificates in a DEMAT account

• To provide access to the stock market and execute transactions

• To rate the creditworthiness of corporate and government entities

What is the purpose of a DEMAT account?

• To facilitate fund transfers between bank accounts

• To store digital share certificates

• To provide access to the stock market

• To rate the creditworthiness of corporate and government entities

Which financial intermediary helps in facilitating fund transfers between bank accounts?

• Stock broker

• Depository

• Bank

• Portfolio manager

What is the role of a Depository Participant (DP)?

• To facilitate fund transfers between bank accounts

• To store digital share certificates in a DEMAT account

• To provide access to the stock market and execute transactions

• To act as an agent to the Depository and help set up DEMAT accounts

Which financial intermediary operates as an agent to the Depository?

• Stock broker

• Depository

• Bank

• Depository Participant (DP)

What is the role of banks in the market ecosystem?

• To facilitate fund transfers between bank accounts

• To store digital share certificates in a DEMAT account

• To provide access to the stock market and execute transactions

• To rate the creditworthiness of corporate and government entities

What is the function of NSCCL and ICCL?

• To facilitate fund transfers between bank accounts

• To store digital share certificates in a DEMAT account

• To provide access to the stock market and execute transactions

• To act as clearing corporations for securities and derivatives transactions