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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
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 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 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.
Complete the sentence.
The unique code identifying a security is ______.
Select the correct option for the following.
____________ ISIN.
Answer in one sentence.
What is Dematerialisation?
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
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
Explain the following term/concept.
ISIN
Explain the constituents of Depository system.
ISIN is a code given to a company.
