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What is the full form of CDSL?

  • A.Central Depository Services Limited
  • B.Cardinal Depository Services Limited
  • C.Central Depository Securities Limited
  • D.None

Answer: A

Correct answer: Central Depository Services Limited

CDSL is one of India’s two depositories, the other being NSDL. A depository holds securities in dematerialised form, so that shares are transferred by book entry rather than by moving certificates - which is what made settlement fast and eliminated forged and lost scrip.

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