Question
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?
Attempt this previous-year question. The correct option stays hidden until you choose.
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?
Pick an option to check yourself.
• 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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