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Arrange in proper order. Gets Statement of Accounts Open Demat Account Submit DRF - Secretarial Practice

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Question

Arrange in proper order.

  1. Gets Statement of Accounts
  2. Open Demat Account
  3. Submit DRF
Short/Brief Note
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Solution

  1. Open Demat account
  2. Submit DRF
  3. Gets statement of accounts
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Concepts/Terms Related to Depository System
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Chapter 9: Depository System - Exercises [Page 141]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 J) 1. | Page 141

RELATED QUESTIONS

Dematerialisation and Rematerialisation 


Demated shares are ______.


Write a word or a term or a phrase which can substitute the following statement.

This means securities are without distinctive identity number.


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.


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.


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.

  1. Investor (BO) submits an application for securities to the issuer company.
  2. Depository intimates the DP about crediting BO's Account.
  3. Issuer company gives details of allotment to Depository.

Explain the following term/concept.

Fungibility


Explain the following term/concept.

ISIN


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:

  1. Which form is he required to fill as a written request to the DP-DRF or RRF?
  2. Does he have to fill instrument of transfer if he wishes to transfer the same after demat?
  3. Does he have to quote certificate number and distinctive number, if he wishes to transfer his shares after it is in demat form?

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