Question

The organization which acts as intermediary between investors and depository. Answer in a word / phrase / term.

Answer 1

the organization which acts as intermediary between investors and depository is known as the Yun Despotism

Answer 2

The organization which acts as intermediary between investors and depository is known as Depository Participant

Explanation:

• In India, a Depository Participant (DP) is known  as an Agent of the depository. They repr act as the intermediaries between the investors and the depository investors.
• The relationship between the Depository particpants and the depository is governed by an agreement which made between the 2 under the Depositories Act. In a strictly legal sense, a Depository participant is an entity who is registered as such with SEBI under the sub section 1A of Sec 12 of the SEBI Act.
• As per the provisions of this Act, a Depository participant can provide  depository-related services only subsequent to obtaining a certificate of registration from SEBI. For any investor/client, to avail the services provided/offered by the Depository, has to open Depository account, referred to as Demat A/c, with any of the DPs.