HSC Commerce: Marketing and Salesmanship १२ वीं कक्षा - Maharashtra State Board Important Questions for Secretarial Practice

______ has to apply for ISIN.

Write a word or a term or a phrase which can substitute the following statement.

This process converts securities into electronic form from physical form.

Write a word or a term or a phrase which can substitute the following statement.

This means securities are without distinctive identity number.

State whether the following statement is true or false.

Physical mode of holding securities is risky.

Transfer of securities is easier in electronic mode.

State whether the following statement is true or false.

India has a multi Depository System.

Correct the underlined word and rewrite the following sentence.

Banking system leads to a scrip less capital market.

Correct the underlined word and rewrite the following sentence.

Securities are fungible in Physical mode.

Study the following case/situation and express your opinion.

Mr. Z holds 100 shares of Peculiar Co. Ltd. in Physical mode and wishes to convert the same in electronic mode :

1. Mr. Z holds a Saving Bank Account with CFDH Bank Ltd. Can he deposit his shares in this account for Demat?
2. What type of account is needed for the same?
3. Is it the RBI which will be the custodian of shares of Mr. Z after demating?

Study the following case/situation and express your opinion.

Mr. R holds 100 shares of Peculiar Co. Ltd. in Demat mode:

1. He wants to transfer one share each to his wife, daughter, and son. Can he do so?
2. Does he need to submit DRF or DIS if he wants to transfer his shares?
3. Can he nominate his wife in his Demat account?

Study the following case/situation and express your opinion.

Mrs. Z wishes to open a Demat account in her name :

1. Can she open the account by going to the Mumbai office of NSDL?
2. Is she required to pay for the opening of the account and its maintenance?
3. Does she have to send the shares to the respective company for demating?

Study the following case/situation and express your opinion.

Mr. S holds 50 shares of Peculiar Co. Ltd. in demat form. The company has declared a dividend of ₹ 5/- per share and a Bonus of 1:1 to its shareholders.

1. How will Mr. S get his dividend?
2. Will he get a Bonus share in Physical or demat?
3. Who is entitled to dividend and Bonus: Mr. S or the depository? (NSDL in this case)

Explain DP as the constituent of Depository system.

Justify the following statement.

The electronic holding of securities is safer than physical holding.

Justify the following statement.

Depository provides easy and quicker transfer of shares.

Justify the following statement.

Depository system is very similar to the banking system.

Justify the following statement.

ISIN is necessary component of Demat.

Explain the advantages of the Depository System to the companies.

India has a ______ depository system.

NSDL & CDSL are the only depositories that exist in India.