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India has a single depository system.

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Question

India has a single depository system.

Options

  • True

  • False

MCQ
True or False
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Solution

This Statement is False.

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Depository System
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2025-2026 (March) Model set 2 by shaalaa.com

RELATED QUESTIONS

Write notes on Importance of Depository system. 


Depository Act was passed in __________.


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.

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