Participatory notes (P-notes) are financial instruments issued by registered Foreign Institutional Investors (FIIs) or Foreign Portfolio Investors (FPIs) to overseas investors who wish to invest in Indian stock markets without registering themselves directly with the Securities and Exchange Board of India (SEBI).
The instruments issued by registered FIIS to overseas investors, who wish to invest in Indian stock markets without registering themselves with SEBI - known as
Asked in westbengal/WBCS Main 2019 Paper 5 2019 · Topic: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) (Types of FPI: Equity (FII, QFI, FPI categories), Debt, ADR/GDR)
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Answer: B. Participatory notes (P-notes)
Read the notes: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) →
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