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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
Demated shares are ______.
Select the correct answer from the options given below and rewrite the statement.
______ is a unique code given to a security.
Write a word or a term or a phrase which can substitute the following statement.
This process converts securities into electronic form from physical form.
Write a word or a term or a phrase which can substitute the following statement.
This means securities are without distinctive identity number.
State whether the following statement is true or false.
ISIN is a unique code given to the specific securities.
Select the correct option for the following.
Fungibility ____________.
Select the correct option for the following.
____________ ISIN.
Answer in one sentence.
What is Dematerialisation?
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.
Arrange in proper order.
- Gets Statement of Accounts
- Open Demat Account
- Submit DRF
Explain the following term/concept.
Rematerialization
Distinguish between the following:
Dematerialization and Rematerializotion
Justify the following statement.
ISIN is necessary component of Demat.
Explain the constituents of Depository system.
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?
