Advertisements
Advertisements
प्रश्न
Answer in one sentence.
What is Depository System?
Advertisements
उत्तर १
The system under which shares are held, transferred, and settled in electronic form is called a depository system.
उत्तर २
Under Depository System, securities are held in electronic form. The transfer and settlement of securities are done electronically. The Depository System maintains accounts of the shareholder, enables transfer, collects dividends, bonus shares, etc. on behalf of the shareholder. This system is also called as scripless trading system.
APPEARS IN
संबंधित प्रश्न
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.
India has a ______ depository system.
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.
The Agent of the Depository.
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.
DP is an agent of Depository.
Find the odd one.
Select the Suitable option for the following.
____________ DP.
Explain four advantages of Depository system to the Company.
Justify the following statement.
The electronic holding of securities is safer than physical holding.
Justify the following statement.
The depository system results in reduced time, cost, and efforts.
Justify the following statement.
Depository system is very similar to the banking system.
India has a ______ depository system.
Explain any four advantages of depository system to the company.
