Which of the following statements is true

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Which of the following statements is true?

A. A SEBI registered stock broker having a 'minimum networth of Rs. 1 crore is eligible to join NSDL as a DP

B. A stock broker having a minimum networth of Rs. 50 lakh is eligible to join NSDL as a DP irrespective of whether it is registered with SEBI

C. A SEBI registered stock broker is eligible to join NSDL as a DP. There is no minimum networth requirement

D. A SEBI registered stock broker having a minimum networth of Rs. 50 lakh is eligible to join NSDL as a DP

Answer: Option A

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