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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
In physical mode, securities are held in ______ form.
Select the correct answer from the options given below and rewrite the statement.
______ is the institute which facilitates electronic holding of securities.
Select the correct answer from the options given below and rewrite the statement.
______ has to pay charges to maintain Demat Account.
Write a word or a term or a phrase which can substitute the following statement.
This mode of holding securities may result in loss and theft of certificates.
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.
The Agent of the Depository.
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.
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.
Find the odd one.
Select the Suitable word for the following.
Dematerialization ____________.
Answer in one sentence.
What is Depository System?
Justify the following statement.
The depository system results in reduced time, cost, and efforts.
India has a ______ depository system.
Give one word or phrase for the following sentence:
How securities are settled?
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
Explain the following term/concept:
Depository system
