India has a single depository system. - Secretarial Practice

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MCQ
True or False

India has a single depository system.

Options

  • True

  • False

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Solution

This Statement is False.

Concept: Depository System
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2023-2024 (March) Model set 2 by shaalaa.com

RELATED QUESTIONS

In physical mode, securities are held in ______ form.


Risk of losing certificates exists in _________ mode.


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 organization which holds the securities in electronic mode.


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.

Physical mode of holding securities is risky.


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.

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


State whether the following statement is true or false.

Depository system is very similar to banking system.


Find the odd one.


Select the correct option from the bracket.

Group ‘A' Group ‘B'
a) Dematerialization 1) ____________
b) ____________ 2) DP
c) First depository of world 3) ____________
d) CDSL 4) ____________

(1999, Agent of Depository, Germany, physical to electronic)


Select the Suitable option for the following.

CDSL ____________.


Answer in one sentence.

Give examples of action termed as corporate action.


Correct the underlined word and rewrite the following sentence.

Banking system leads to a scrip less capital market.


Explain the following term/concept.

Depository system


Explain the following term/concept.

Dematerialisation


Explain four advantages of Depository system to the Company.


Justify the following statement.

The electronic holding of securities is safer than physical holding.


Justify the following statement.

Depository provides easy and quicker transfer of shares.


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