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प्रश्न
India has a ______ depository system.
विकल्प
sole
multi
single
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उत्तर
India has a multi depository system.
Explanation:
The Depository System was introduced in India by passing the Depository Act in 1996. Under this Act, a competitive multi-depository system consists of two depositories. NSDL and CDSL were set up. It is interesting to note that the world’s first depository was set up in 1947 in Germany.
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संबंधित प्रश्न
In physical mode, securities are held in ______ form.
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.
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.
Allotment of securities take longer time when in physical mode.
State whether the following statement is true or false.
India has a multi Depository System.
State whether the following statement is true or false.
Depository system is very similar to banking system.
Find the odd one.
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)
Answer in one sentence.
What is Depository System?
Justify the following statement.
The electronic holding of securities is safer than physical holding.
Justify the following statement.
Depository system is very similar to the banking system.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
Explain any four advantages of depository system to the company.
Explain the following term/concept:
Depository system
