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Answer in one sentence. What is Depository System? - Secretarial Practice

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प्रश्न

Answer in one sentence.

What is Depository System?

एक पंक्ति में उत्तर
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उत्तर १

The system under which shares are held, transferred, and settled in electronic form is called a depository system.

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उत्तर २

Under Depository System, securities are held in electronic form. The transfer and settlement of securities are done electronically. The Depository System maintains accounts of the shareholder, enables transfer, collects dividends, bonus shares, etc. on behalf of the shareholder. This system is also called as scripless trading system.

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Depository System
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Depository System - Exercises [पृष्ठ १४०]

APPEARS IN

बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 9 Depository System
Exercises | Q 1 H) 1. | पृष्ठ १४०
बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 9 Depository System
Exercises | Q 7.1 | पृष्ठ १४२

संबंधित प्रश्न

Select the correct answer from the options given below and rewrite the statement.

India has a ______ depository system.


Match the pairs.

Group ‘A' Group ‘B'
a) Bad Delivery 1) 1956
b) Depository Act 2) A 12 digit number/code.
c) ISIN 3) Connects Government and Bank.
d) Depository participant 4) Second Depository in India.
e) CDSL 5) The Issuer Company.
f) Depository 6) Problem faced in physical mode.
g) Beneficial owner 7) A 10 digit number/code.
  8) Connects Depository and Investor.
  9) First Depository in the world.
  10) Coustodian of securities in electronic form.
  11) Problem faced in electronic mode.
  12) 1996
  13) Government Organisation.
  14) The Investor.

Write a word or a term or a phrase which can substitute the following statement.

This system allows faster and easier transfer of securities.


State whether the following statement is true or false.

Physical mode of holding securities is risky.


State whether the following statement is true or false.

Depository system is very similar to banking system.


State whether the following statement is true or false.

A Bank can work as a DP.


Find the odd one.


Find the odd one.


Answer in one sentence.

Give examples of action termed as corporate action.


Explain the following term/concept.

Depository system


Explain any four advantages of a depository system to an investor.


Explain four advantages of Depository system to the Company.


Justify the following statement.

Depository provides easy and quicker transfer of shares.


Justify the following statement.

Depository system is very similar to the banking system.


India has a ______ depository system.


India has a single depository system.


Explain any four advantages of depository system to the company.


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