Q. With reference to International Securities Identification Number (ISIN), consider the following statements:
1. It is a 5-digit numeric code that uniquely identifies a specific security.
2. The ISIN code is the only common securities identification number that is universally recognized.
3. It is used for uniquely identifying securities like stocks, bonds warrants and commercial papers.
Which of the statements given above is/are correct?
Answer: D
Notes:
Statement 1 is incorrect: An ISIN is a 12-digit alphanumeric code that uniquely identifies a specific security.
Statement 2 is correct: The ISIN code is the only common securities identification number that is universally recognized.
Statement 3 is correct: It is used for uniquely identifying securities like stocks, bonds warrants and commercial papers.
Source: The Hindu
