Select the Suitable option for the following. First depository of world ____________. - Secretarial Practice

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MCQ
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Select the Suitable option for the following.

First depository of world ____________.

Options

  • 1999

  • Agent of Depository

  • Germany

  • physical to electronic

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Solution

First depository of world Germany.

Concept: Depository System
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RELATED QUESTIONS

Write notes on Importance of Depository system. 


In physical mode, securities are held in ______ form.


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

______ is the institute which facilitates electronic holding of securities.


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.

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.

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


State whether the following statement is true or false.

DP is an agent of Depository.


Find the odd one.


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 word for the following.

Dematerialization ____________.


Explain the following term/concept.

Depository system


Explain the following term/concept.

Dematerialisation


Justify the following statement.

The electronic holding of securities is safer than physical holding.


Justify the following statement.

The depository system results in reduced time, cost, and efforts.


Justify the following statement.

Depository system is very similar to the Banking system.


State benefits of the depository to Investors.


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