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Question
______ has to apply for ISIN.
Options
Company
Depository participant
Depositors
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Solution
Company has to apply for ISIN.
Explanation:
The company has to apply for ISIN (International Securities Identification Number). ISIN is issued to identify securities uniquely in the demat system. The company applies through a depository for allotment of ISIN.
RELATED QUESTIONS
Dematerialisation and Rematerialisation
Demated shares are ______.
Write a word or a term or a phrase which can substitute the following statement.
This process converts securities into physical form from electronic form.
Write a word or a term or a phrase which can substitute the following statement.
This is the unique code for security given in depository system.
Complete the sentence.
The unique code identifying a security is ______.
Select the correct option for the following.
Fungibility ____________.
Answer in one sentence.
What is Rematerialisation?
Correct the underlined word and rewrite the following sentence.
Depository Participant in India has to register under the partnership act.
Correct the underlined word and rewrite the following sentence.
ISIN of Indian Government securities is issued by NSDL.
Arrange in proper order.
- Investor (BO) submits an application for securities to the issuer company.
- Depository intimates the DP about crediting BO's Account.
- Issuer company gives details of allotment to Depository.
Explain the following term/concept.
Rematerialization
Explain the following term/concept.
Fungibility
Distinguish between the following:
Dematerialization and Rematerializotion
Justify the following statement.
ISIN is necessary component of Demat.
Explain the constituents of Depository system.
ISIN is a code given to a company.
Mr. Kishore wants to demat his 25 shares of Hero Company Ltd. bearing certificate no. 100 and distinctive no. 76-100:
- Which form is he required to fill as a written request to the DP-DRF or RRF?
- Does he have to fill instrument of transfer if he wishes to transfer the same after demat?
- Does he have to quote certificate number and distinctive number, if he wishes to transfer his shares after it is in demat form?
