English

Correct the underlined word and rewrite the following sentence. India has a single Depository system. - Secretarial Practice

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Question

Correct the underlined word and rewrite the following sentence.

India has a single Depository system.

One Line Answer
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Solution

India has a multi depository system.

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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) 5. | 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.


Depository Act was passed in __________.


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

India has a ______ depository system.


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

______ has to pay charges to maintain Demat Account.


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 Agent of the Depository.


State whether the following statement is true or false.

Depository system began in the USA for the first time in the world.


State whether the following statement is true or false.

DP is an agent of Depository.


Find the odd one.


Complete the sentence.

First Depository of the world started in the year ______.


Select the Suitable option for the following.

____________ DP.


Select the Suitable option for the following.

CDSL ____________.


Justify the following statement.

The electronic holding of securities is safer than physical holding.


India has a ______ depository system.


In Depository System, securities are held in ______ form.


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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