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Question
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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Solution
| Group ‘A' | Group ‘B' |
| a) Bad Delivery | 6) Problem faced in physical mode. |
| b) Depository Act | 12) 1996 |
| c) ISIN | 2) A 12 digit number/code. |
| d) Depository participant | 8) Connects Depository and Investor. |
| e) CDSL | 4) Second Depository in India. |
| f) Depository | 10) Coustodian of securities in electronic form. |
| g) Beneficial owner | 14) The Investor. |
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Allotment and Transfer of securities are time consuming in electronic mode.
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Depository provides easy and quicker transfer of shares.
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