Authorised Dealer Category-1 bank
An RBI-authorised bank; being one is a condition of DDP approval on the main route, while an experienced Indian custodian taking the alternative route must instead tie up with such a bank.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Where this is taught
Free preparation for NISM Series VI← All terms