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प्रश्न
Justify the following statement.
Depository system is very similar to the banking system.
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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
Write notes on Importance of Depository system.
Select the correct answer from the options given below and rewrite the statement.
In Depository System, securities are held in ______ form.
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.
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.
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 is very similar to banking system.
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.
____________ DP.
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.
India has a single Depository system.
Explain any four advantages of a depository system to an investor.
Explain four advantages of Depository system to the Company.
Justify the following statement.
The electronic holding of securities is safer than physical holding.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
