Advertisements
Advertisements
प्रश्न
India has a ______ depository system.
पर्याय
sole
multi
single
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
In Depository System, securities are held in ______ form.
Select the correct answer from the options given below and rewrite the statement.
______ is the institute which facilitates electronic holding of securities.
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.
This mode of holding securities may result in loss and theft of certificates.
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.
A Bank can work as a DP.
Find the odd one.
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.
Select the Suitable option for the following.
First depository of world ____________.
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ |
| a) First depository in India | 1) ____________ |
| b) ____________ | 2) Rematerialisation |
| c) Fungibility | 3) ____________ |
| d) ____________ | 4) ISIN |
(12 digit code, NSDL, Electronic to physical, No distinctive number)
Correct the underlined word and rewrite the following sentence.
India has a single Depository system.
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.
In Depository System, securities are held in ______ form.
