GyanGramWhich of the following is issued by registered foreign portfolio investors to overseas investors who want to…
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Which of the following is issued by registered foreign portfolio investors to overseas investors who want to be part of the Indian stock market without registering themselves directly?
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• Correct Answer: D
• Participatory Notes (P-Notes) are offshore derivative instruments issued by registered FPIs to overseas investors seeking Indian stock market exposure.
• They allow anonymity and bypass direct SEBI registration.
• CD, Commercial Paper, and Promissory Notes are unrelated money market or debt instruments.
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