हिंदी

Justify the following statement. Depository system is very similar to the banking system.

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प्रश्न

Justify the following statement.

Depository system is very similar to the banking system.

औचित्य
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उत्तर

  1. As a bank keeps the money safe. Similarly, a depository system keeps the securities safe.
  2. 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.
  3. Like a bank, there is no physical handling of securities during allotments, transfers, etc.
  4. In a bank, the transfer of funds between accounts is done. Similarly, in a depository system, the transfer of securities between accounts is done.
  5. Hence, depository system is very similar to the banking system.
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Depository System
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अध्याय 9: Depository System - Exercises [पृष्ठ १४२]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
अध्याय 9 Depository System
Exercises | Q 6.4 | पृष्ठ १४२

संबंधित प्रश्न

In physical mode, securities are held in ______ form.


Match the pairs.

Group ‘A' Group ‘B'
a) Bad Delivery 1) 1956
b) Depository Act 2) A 12 digit number/code.
c) ISIN 3) Connects Government and Bank.
d) Depository participant 4) Second Depository in India.
e) CDSL 5) The Issuer Company.
f) Depository 6) Problem faced in physical mode.
g) Beneficial owner 7) A 10 digit number/code.
  8) Connects Depository and Investor.
  9) First Depository in the world.
  10) Coustodian of securities in electronic form.
  11) Problem faced in electronic mode.
  12) 1996
  13) Government Organisation.
  14) The Investor.

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.

This system allows faster and easier transfer of securities.


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.

India has a multi Depository System.


Find the odd one.


Find the odd one.


Select the Suitable option for the following.

____________ DP.


Answer in one sentence.

What is Depository System?


Explain four advantages of Depository system to the Company.


Justify the following statement.

Depository provides easy and quicker transfer of shares.


Explain the advantages of the Depository System to the companies.


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.


Explain the following term/concept:

Depository system


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