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प्रश्न
In India, Depository Act was passed in ______.
विकल्प
1919
1996
1999
MCQ
रिक्त स्थान भरें
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उत्तर
In India, Depository Act was passed in 1996.
Explanation:
The Depositories Act, 1996, was enacted to provide a legal framework for the establishment of depositories in India. It allowed for the dematerialisation of shares, meaning that physical share certificates could be converted into electronic forms to simplify and secure trading in the stock market.
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