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प्रश्न
Explain the following term/concept.
Dematerialisation
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उत्तर
The process of conversion of physical certificates into electronic mode is called dematerialisation. The client has to surrender the physical shares certificates along with the Demat Request Form (DRF) to the DP. The DP forwards these to the depository who in turn forwards it to the issuer. After confirmation from issuer, the depository will credit the securities in the Demat A/c with DP.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
______ has to pay charges to maintain Demat Account.
Write a word or a term or a phrase which can substitute the following statement.
This system allows faster and easier transfer of securities.
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.
Depository system began in the USA for the first time in the world.
State whether the following statement is true or false.
DP is an agent of Depository.
Select the Suitable word for the following.
Dematerialization ____________.
Select the Suitable option for the following.
____________ DP.
Select the Suitable option for the following.
First depository of world ____________.
Select the Suitable option for the following.
CDSL ____________.
Answer in one sentence.
Give examples of action termed as corporate action.
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 any four advantages of a depository system to an investor.
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.
