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प्रश्न
Explain the following term/concept.
Depository system
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उत्तर
The system under which shares are held, transferred, and settled in electronic form is called a depository system. 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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संबंधित प्रश्न
Write notes on Importance of Depository system.
Risk of losing certificates exists in _________ mode.
Select the correct answer from the options given below and rewrite the statement.
______ is the institute which facilitates electronic holding of securities.
Depository Act was passed in __________.
Select the correct answer from the options given below and rewrite the statement.
India has a ______ depository system.
Write a word or a term or a phrase which can substitute the following statement.
The organisation which holds the securities in electronic mode.
Write a word or a term or a phrase which can substitute the following statement.
This system allows faster and easier transfer of securities.
Write a word or a term or a phrase which can substitute the following statement.
The Agent of the Depository.
State whether the following statement is true or false.
India has a multi Depository System.
State whether the following statement is true or false.
DP is an agent of Depository.
State whether the following statement is true or false.
A Bank can work as a DP.
Find the odd one.
Complete the sentence.
First Depository of the world started in the year ______.
Select the Suitable option for the following.
____________ DP.
Explain the following term/concept.
Dematerialisation
Justify the following statement.
The electronic holding of securities is safer than physical holding.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
