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प्रश्न
India has a ______ depository system.
पर्याय
sole
multi
single
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उत्तर
India has a multi depository system.
Explanation:
The Depository System was introduced in India by passing the Depository Act in 1996. Under this Act, a competitive multi-depository system consists of two depositories. NSDL and CDSL were set up. It is interesting to note that the world’s first depository was set up in 1947 in Germany.
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संबंधित प्रश्न
In physical mode, securities are held in ______ form.
Depository Act was passed in __________.
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.
Depository system began in the USA for the first time in the world.
State whether the following statement is true or false.
Depository system is very similar to banking system.
State whether the following statement is true or false.
DP is an agent of Depository.
Find the odd one.
Find the odd one.
Complete the sentence.
First Depository of the world started in the year ______.
Select the Suitable option for the following.
____________ DP.
Correct the underlined word and rewrite the following sentence.
Banking system leads to a scrip less capital market.
Explain the following term/concept.
Dematerialisation
Explain the advantages of the Depository System to the companies.
In Depository System, securities are held in ______ form.
Give one word or phrase for the following sentence:
How securities are settled?
State benefits of the depository to Investors.
Explain any four advantages of depository system to the company.
