Multiple choice

The Securities and Exchange Board Of India (SEBI) imposed a restriction on money flow in equity through 'P Notes'. What is the full form of 'P Notes'?

  1. Permanent Notes

  2. Purchase Notes

  3. Participatory-Notes

  4. Private Notes

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

P-Notes, or Participatory Notes, are financial instruments used by investors or hedge funds to invest in Indian securities without being registered with the SEBI directly.

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