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प्रश्न
Justify the following statement.
Depository system is very similar to the banking system.
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उत्तर
- As a bank keeps the money safe. Similarly, a depository system keeps the securities safe.
- As in a bank, funds are held in accounts having unique numbers. Similarly, in a depository system, securities are held in accounts having unique IDs.
- Like a bank, there is no physical handling of securities during allotments, transfers, etc.
- In a bank, the transfer of funds between accounts is done. Similarly, in a depository system, the transfer of securities between accounts is done.
- Hence, depository system is very similar to the banking system.
संबंधित प्रश्न
Write notes on Importance of Depository system.
In physical mode, securities are held in ______ form.
Depository Act was passed in __________.
Select the correct answer from the options given below and rewrite the statement.
______ has to pay charges to maintain Demat Account.
State whether the following statement is true or false.
Allotment of securities take longer time when in physical mode.
Complete the sentence.
First Depository of the world started in the year ______.
Select the Suitable word for the following.
Dematerialization ____________.
Select the Suitable option for the following.
____________ DP.
Answer in one sentence.
What is Depository System?
Correct the underlined word and rewrite the following sentence.
Electronic mode of holding securities is risky.
Correct the underlined word and rewrite the following sentence.
India has a single Depository system.
Explain the following term/concept.
Depository system
Explain the following term/concept.
Dematerialisation
Justify the following statement.
Depository provides easy and quicker transfer of shares.
Justify the following statement.
The depository system results in reduced time, cost, and efforts.
In Depository System, securities are held in ______ form.
State benefits of the depository to Investors.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
