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?
ACertificate of Deposit
BCommercial Paper
CPromissory Note
DParticipatory Note
Answer & Solution
Correct answer: D. Participatory Note
UPSC CSE Prelims 2019 (GS-I, Set A), Q.67. Official answer key: D.
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