Civil Services Punjab State Civil Services CCE 2025 Current Affairs Business and Economy Economic and Financial Affairs
Consider the following statements regarding Participatory Notes.
1. Participatory Notes or P-Notes (PNs) are financial instruments issued by a registered foreign institutional investor (FII).
2. It is issued to an overseas investor who wishes to invest in Indian stock markets.
3. The investor does not need registration with the market regulator, the Securities and Exchange Board of India (SEBI).
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1, 2 and 3
4
3 only