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प्रश्न
Justify the following statement.
Depository provides easy and quicker transfer of shares.
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उत्तर
- Under the depository system, securities are held in electronic form.
- The transfer and settlement of securities are done electronically.
- The efforts that were required in filling transfer forms and lodging the documents are eliminated in the depository system.
- Processing time in the transfer of securities is reduced and neither the securities nor the cash is tied/held up for an unnecessarily long time.
- Further, stamp duty levied on the transfer of physical shares is also not applicable.
- Hence, the depository provides easy and quicker transfer of shares.
संबंधित प्रश्न
In physical mode, 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.
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.
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.
First depository of world ____________.
Select the Suitable option for the following.
CDSL ____________.
Answer in one sentence.
What is Depository System?
Answer in one sentence.
Give examples of action termed as corporate action.
Explain the following term/concept.
Depository system
Justify the following statement.
The electronic holding of securities is safer than physical holding.
Justify the following statement.
Depository system is very similar to the banking system.
Explain the advantages of the Depository System to the companies.
In Depository System, securities are held in ______ form.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
