Q. Consider the following statements regarding Central Depositories Services Ltd (CDSL):

1. It is a government-registered share depository.
2. It is classified as a Market Infrastructure Institution (MII).

Which of the above statements is/are correct?
Answer: Both 1 and 2
Notes: Central Depositories Services Ltd (CDSL), established in 1999, is a government-registered share depository in India, similar to NSDL. It is designated as a Market Infrastructure Institution (MII) by SEBI, playing a foundational role in capital markets by providing depository, clearing, and related services to investors, issuers, and other market participants.