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Explain the following term/concept. Depository system - Secretarial Practice

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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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Depository System
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अध्याय 9: Depository System - Exercises [पृष्ठ १४१]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 9 Depository System
Exercises | Q 2.1 | पृष्ठ १४१

संबंधित प्रश्न

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

In Depository System, securities are held in ______ form.


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 Agent of the Depository.


State whether the following statement is true or false.

Allotment of securities take longer time when in physical mode.


State whether the following statement is true or false.

Depository system is very similar to banking system.


Find the odd one.


Complete the sentence.

First Depository of the world started in the year ______.


Select the Suitable option for the following.

____________ DP.


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) First depository in India 1) ____________
b) ____________ 2) Rematerialisation
c) Fungibility 3) ____________
d) ____________ 4) ISIN

(12 digit code, NSDL, Electronic to physical, No distinctive number)


Correct the underlined word and rewrite the following sentence.

Allotment and Transfer of securities are time consuming in electronic mode.


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


Justify the following statement.

The electronic holding of securities is safer than physical holding.


Explain the advantages of the Depository System to the companies.


State benefits of the depository to Investors.


Explain the following term/concept:

Depository system


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