answersLogoWhite

0

Participatory note is a finacial instrument, using which a person can invest in the stock marketof India (as no other country other than India has Participatory note) as FII without revealing his identity. It is a peice of paper, and has only the amount mentioned and not the name of the person, so it inherently hides the beneficiary.

User Avatar

Wiki User

∙ 13y ago

What else can I help you with?