Investment through P-Notes rises in October to INR 2.58 lakh crore
Q. Investment through P-Notes has risen to INR _____ lakh crore in October 2015.- Published on 24 Nov 15a. 2.58
b. 2.59
c. 2.60
d. 2.61
ANSWER: 2.58
Investment through Participatory Notes has risen to INR 2.58 lakh crore in October and investment in the capital market grew by over USD 39 billion towards the close of last month. Notes are mostly used by international HNIs as well as hedge funds and other foreign institutions enabling investors to take part in Indian market through registered FIIs. Till some years back, P-Notes used to account for 50% of total FII investment and share has fallen after disclosure norms and regulations were tightened by SEBI. P-Notes make around 15 to 20 percent of the total FII investment since 2009 in India.
