English

State whether the following statement is true or false. Depository system is very similar to banking system.

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Question

State whether the following statement is true or false.

Depository system is very similar to banking system.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is True.

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Depository System
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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) 7. | Page 139

RELATED QUESTIONS

In physical mode, securities are held in ______ form.


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

In Depository System, 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.


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

India has a ______ depository system.


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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The organisation 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.


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Allotment of securities take longer time when in physical mode.


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A Bank can work as a DP.


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Select the Suitable option for the following.

____________ DP.


Answer in one sentence.

What is Depository System?


Answer in one sentence.

Give examples of action termed as corporate action.


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.


India has a ______ depository system.


Explain any four advantages of depository system to the company.


Explain the following term/concept:

Depository system


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