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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
Write notes on Importance of Depository system.
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.
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.
Allotment of securities take longer time when in physical mode.
State whether the following statement is true or false.
India has a multi Depository System.
State whether the following statement is true or false.
A Bank can work as a DP.
Answer in one sentence.
Give examples of action termed as corporate action.
Correct the underlined word and rewrite the following sentence.
Banking system leads to a scrip less capital market.
Explain the following term/concept.
Depository system
Justify the following statement.
The electronic holding of securities is safer than physical holding.
India has a ______ depository system.
Give one word or phrase for the following sentence:
How securities are settled?
State benefits of the depository to Investors.
India has a single depository system.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
Explain the following term/concept:
Depository system
