Advertisements
Advertisements
प्रश्न
Justify the following statement.
Depository system is very similar to the banking system.
Advertisements
उत्तर
- As a bank keeps the money safe. Similarly, a depository system keeps the securities safe.
- As in a bank, funds are held in accounts having unique numbers. Similarly, in a depository system, securities are held in accounts having unique IDs.
- Like a bank, there is no physical handling of securities during allotments, transfers, etc.
- In a bank, the transfer of funds between accounts is done. Similarly, in a depository system, the transfer of securities between accounts is done.
- Hence, depository system is very similar to the banking system.
संबंधित प्रश्न
Depository Act was passed in __________.
Select the correct answer from the options given below and rewrite the statement.
India has a ______ depository system.
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.
Complete the sentence.
First Depository of the world started in the year ______.
Select the Suitable word for the following.
Dematerialization ____________.
Select the Suitable option for the following.
____________ DP.
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.
Allotment and Transfer of securities are time consuming in electronic mode.
Explain the following term/concept.
Dematerialisation
Justify the following statement.
The electronic holding of securities is safer than physical holding.
Justify the following statement.
Depository provides easy and quicker transfer of shares.
Explain the advantages of the Depository System to the companies.
India has a ______ depository system.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
