English

State whether the following statement is true or false. DP is an agent of Depository.

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Question

State whether the following statement is true or false.

DP is an agent of Depository.

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) 9. | Page 139

RELATED QUESTIONS

Write notes on Importance of Depository system. 


In physical mode, securities are held in ______ form.


Risk of losing certificates exists in _________ mode.


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.

This mode of holding securities may result in loss and theft of certificates.


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

The organisation which holds the securities in electronic mode.


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.

Allotment of securities take longer time when in physical mode.


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.

India has a multi Depository System.


State whether the following statement is true or false.

Depository system is very similar to banking system.


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)


Correct the underlined word and rewrite the following sentence.

Allotment and Transfer of securities are time consuming in electronic mode.


Justify the following statement.

Depository system is very similar to the banking system.


Explain the advantages of the Depository System to the companies.


India has a ______ depository system.


Justify the following statement.

Depository System has a very important role to play in the successful functioning of the capital market.


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