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प्रश्न
Justify the following statement.
The electronic holding of securities is safer than physical holding.
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उत्तर
- Under the depository system, securities are held in electronic form.
- Physical certificates can be lost, damaged, torn, stolen, misplaced during transit, etc.
- Delivering certificates that are torn, fake, etc. creates problems in buying and selling of securities.
- The transfer and settlement of securities are done electronically.
- It leads to the elimination of storage and handling of certificates.
- So, all risks associated with physical holding are eliminated by the electronic holding of securities.
- Hence, the electronic holding of securities is safer than physical holding.
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संबंधित प्रश्न
In physical mode, securities are held in ______ form.
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.
______ has to pay charges to maintain Demat Account.
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.
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.
DP is an agent of Depository.
Find the odd one.
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.
Allotment and Transfer of securities are time consuming in electronic mode.
Correct the underlined word and rewrite the following sentence.
India has a single Depository system.
Explain the following term/concept.
Dematerialisation
Justify the following statement.
Depository system is very similar to the banking system.
India has a single depository system.
Explain the following term/concept:
Depository system
