Which of the following is not an intermediary in Capital MarketAnswer choicesSelect only one optionREVISITBrokersRTARBIDP's
Question
Which of the following is not an intermediary in Capital MarketAnswer choicesSelect only one optionREVISITBrokersRTARBIDP's
Solution
The question is asking which of the given options is not an intermediary in the Capital Market. The options provided are Brokers, RTA, RBI, and DP's.
Step 1: Understand the terms
- Brokers: They are intermediaries who buy and sell securities on behalf of their clients.
- RTA (Registrar to an Issue and Share Transfer Agents): They are intermediaries who deal with the issue and transfer of company shares.
- RBI (Reserve Bank of India): This is India's central banking institution, which controls the monetary policy of the Indian rupee.
- DP's (Depository Participants): They are agents of the depository and they offer depository services to investors.
Step 2: Identify the non-intermediary From the given options, RBI (Reserve Bank of India) is not an intermediary in the Capital Market. It is a regulatory body that oversees the overall functioning of the country's economy and financial system, but it does not directly participate in the capital market as an intermediary.
So, the answer is RBI.
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