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

Justify the following statement. The electronic holding of securities is safer than physical holding. - Secretarial Practice

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प्रश्न

Justify the following statement.

The electronic holding of securities is safer than physical holding.

टीपा लिहा
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उत्तर

  1. Under the depository system, securities are held in electronic form.
  2. Physical certificates can be lost, damaged, torn, stolen, misplaced during transit, etc.
  3. Delivering certificates that are torn, fake, etc. creates problems in buying and selling of securities.
  4. The transfer and settlement of securities are done electronically.
  5. It leads to the elimination of storage and handling of certificates.
  6. So, all risks associated with physical holding are eliminated by the electronic holding of securities.
  7. Hence, the electronic holding of securities is safer than physical holding.
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Depository System
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पाठ 9: Depository System - Justify the following statements
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