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Question
Demated shares are ______.
Options
Non-transferable
Fungible
Bearer
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Solution
Demated shares are fungible.
Explanation:
Demated (dematerialised) shares are fungible, meaning they are interchangeable and identical in value. One demat share is the same as another of the same company, making them easily tradable without distinction.
RELATED QUESTIONS
Dematerialisation and Rematerialisation
Select the correct answer from the options given below and rewrite the statement.
______ is a unique code given to a security.
______ has to apply for ISIN.
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.
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ISIN is a unique code given to the specific securities.
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Fungibility ____________.
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____________ ISIN.
Answer in one sentence.
What is Dematerialisation?
Answer in one sentence.
What is Rematerialisation?
Answer in one sentence.
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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 is a code given to a company.
Explain the following term/concept.
ISIN
Justify the following statement.
ISIN is necessary component of Demat.
ISIN is a code given to a company.
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?
