English

Select the correct answer from the options given below and rewrite the statement. ______ is a unique code given to a security.

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Question

Select the correct answer from the options given below and rewrite the statement.

______ is a unique code given to a security.

Options

  • IBM

  • BBM

  • ISIN

MCQ
Fill in the Blanks
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Solution

ISIN is a unique code given to a security.

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Concepts/Terms Related to Depository System
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Chapter 9: Depository System - Exercises [Page 138]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 A) 12. | Page 138

RELATED QUESTIONS

Demated shares are ______.


______ has to apply for ISIN.


Write a word or a term or a phrase which can substitute the following statement.

This process converts securities into electronic form from physical form.


Select the correct option for the following.

Fungibility ____________.


Select the correct option for the following.

____________ ISIN.


Answer in one sentence.

What is Dematerialisation?


Answer in one sentence.

What is Rematerialisation?


Answer in one sentence.

What is ISIN?


Correct the underlined word and rewrite the following sentence.

Depository Participant in India has to register under the partnership act.


Arrange in proper order.

  1. Gets Statement of Accounts
  2. Open Demat Account
  3. Submit DRF

Arrange in proper order.

  1. Investor (BO) submits an application for securities to the issuer company.
  2. Depository intimates the DP about crediting BO's Account.
  3. Issuer company gives details of allotment to Depository.

Explain the following term/concept.

Rematerialization


Explain the following term/concept.

Fungibility


Explain the following term/concept.

ISIN


Distinguish between the following:

Dematerialization and Rematerializotion


Justify the following statement.

ISIN is necessary component of Demat.


Mr. Kishore wants to demat his 25 shares of Hero Company Ltd. bearing certificate no. 100 and distinctive no. 76-100:

  1. Which form is he required to fill as a written request to the DP-DRF or RRF?
  2. Does he have to fill instrument of transfer if he wishes to transfer the same after demat?
  3. Does he have to quote certificate number and distinctive number, if he wishes to transfer his shares after it is in demat form?

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