English

State whether the following statement is true or false. A Bank can work as a DP. - Secretarial Practice

Advertisements
Advertisements

Question

State whether the following statement is true or false.

A Bank can work as a DP.

Options

  • True

  • False

MCQ
True or False
Advertisements

Solution

This statement is True.

shaalaa.com
Depository System
  Is there an error in this question or solution?
Chapter 9: Depository System - Exercises [Page 139]

APPEARS IN

Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 D) 10. | Page 139

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.

In Depository System, securities are held in ______ form.


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 organisation which holds the securities in electronic mode.


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

This system allows faster and easier transfer of securities.


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.

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.


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)


Correct the underlined word and rewrite the following sentence.

Electronic mode of holding securities is risky.


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.

Depository provides easy and quicker transfer of shares.


In Depository System, securities are held in ______ form.


Explain any four advantages of depository system to the company.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×