Multiple choice general knowledge

What is full form of DP?

  1. Direct Participants

  2. Depository Participants

  3. Desperate Participants

  4. Domiciliary Participants

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

DP stands for 'Depository Participants' in the context of stock markets, particularly in India. DPs are intermediaries between investors and depositories (like NSDL or CDSL) that hold securities in electronic form.