1.

Write a short note on national clearance and depositary system ??​

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Answer:

A security clearance is a status granted to individuals allowing them access to classified information (state or organizational secrets) or to restricted areas, after completion of a thorough background check. The TERM "security clearance" is also sometimes USED in private organizations that have a formal process to VET employees for access to sensitive information.

A depository is an organisation which holds securities (like shares, debentures, bonds, government securities, mutual FUND UNITS etc.) of investors in electronic form at the request of the investors through a registered Depository Participant.



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