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Correct the underlined word and rewrite the following sentence. Allotment and Transfer of securities are time consuming in electronic mode. - Secretarial Practice

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Question

Correct the underlined word and rewrite the following sentence.

Allotment and Transfer of securities are time consuming in electronic mode.

One Line Answer
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Solution

Allotment and transfer of securities are time consuming in physical mode.

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Depository System
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Chapter 9: Depository System - Exercises [Page 141]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 I) 2. | Page 141

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement.

In Depository System, securities are held in ______ form.


Select the correct answer from the options given below and rewrite the statement.

India has a ______ depository system.


Match the pairs.

Group ‘A' Group ‘B'
a) Bad Delivery 1) 1956
b) Depository Act 2) A 12 digit number/code.
c) ISIN 3) Connects Government and Bank.
d) Depository participant 4) Second Depository in India.
e) CDSL 5) The Issuer Company.
f) Depository 6) Problem faced in physical mode.
g) Beneficial owner 7) A 10 digit number/code.
  8) Connects Depository and Investor.
  9) First Depository in the world.
  10) Coustodian of securities in electronic form.
  11) Problem faced in electronic mode.
  12) 1996
  13) Government Organisation.
  14) The Investor.

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

The organisation which holds the securities in electronic mode.


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

This system allows faster and easier transfer of securities.


State whether the following statement is true or false.

Allotment of securities take longer time when in physical mode.


State whether the following statement is true or false.

A Bank can work as a DP.


Select the Suitable word for the following.

Dematerialization ____________.


Select the Suitable option for the following.

First depository of world ____________.


Answer in one sentence.

What is Depository System?


Answer in one sentence.

Give examples of action termed as corporate action.


Justify the following statement.

Depository provides easy and quicker transfer of shares.


Justify the following statement.

The depository system results in reduced time, cost, and efforts.


Justify the following statement.

Depository system is very similar to the banking system.


Explain the advantages of the Depository System to the companies.


State benefits of the depository to Investors.


India has a single depository system.


Justify the following statement.

Depository System has a very important role to play in the successful functioning of the capital market.


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