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 __________.
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.
Write a word or a term or a phrase which can substitute the following statement.
The organisation which holds the securities in electronic 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.
India has a multi Depository System.
State whether the following statement is true or false.
A Bank can work as a DP.
Find the odd one.
Complete the sentence.
First Depository of the world started in the year ______.
Select the correct option from the bracket.
| Group ‘A' | Group ‘B' |
| a) Dematerialization | 1) ____________ |
| b) ____________ | 2) DP |
| c) First depository of world | 3) ____________ |
| d) CDSL | 4) ____________ |
(1999, Agent of Depository, Germany, physical to electronic)
Select the Suitable option for the following.
____________ DP.
Select the Suitable option for the following.
First depository of world ____________.
Correct the underlined word and rewrite the following sentence.
Electronic mode of holding securities is risky.
Correct the underlined word and rewrite the following sentence.
Banking system leads to a scrip less capital market.
Explain four advantages of Depository system to the Company.
India has a ______ depository system.
State benefits of the depository to Investors.
India has a single depository system.
