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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Justify the following statement. Depository system is very similar to the banking system.

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प्रश्न

Justify the following statement.

Depository system is very similar to the banking system.

औचित्य
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उत्तर

  1. As a bank keeps the money safe. Similarly, a depository system keeps the securities safe.
  2. 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.
  3. Like a bank, there is no physical handling of securities during allotments, transfers, etc.
  4. In a bank, the transfer of funds between accounts is done. Similarly, in a depository system, the transfer of securities between accounts is done.
  5. Hence, depository system is very similar to the banking system.
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Depository System
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पाठ 9: Depository System - Exercises [पृष्ठ १४२]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
पाठ 9 Depository System
Exercises | Q 6.4 | पृष्ठ १४२

संबंधित प्रश्‍न

Write notes on Importance of Depository system. 


Risk of losing certificates exists in _________ mode.


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 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 Agent of the Depository.


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.

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.

A Bank can work as a DP.


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.

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.

Allotment and Transfer of securities are time consuming in electronic mode.


Correct the underlined word and rewrite the following sentence.

Banking system leads to a scrip less capital market.


Justify the following statement.

The electronic holding of securities is safer than physical holding.


Explain the advantages of the Depository System to the companies.


Explain any four advantages of depository system to the company.


Explain the following term/concept:

Depository system


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