Maharashtra State Board course HSC Commerce 12th Board Exam
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An Organisation Where Securities / Shares Are Held in Electronic Form. - Secretarial Practice

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Question

An organisation where securities / shares are held in electronic form.

Solution

A depository is an organisation which holds securities (like shares, debentures, bonds, government securities, mutual fund units etc.) of investors in electronic form at the request of the investors through a registered depository participant. It also provides services related to transactions in securities.

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APPEARS IN

 2014-2015 (March) (with solutions)
Question 1.3.4 | 1.00 mark

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Solution An Organisation Where Securities / Shares Are Held in Electronic Form. Concept: Depositories and Dematerialization of Securities - Meaning.
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