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State whether the following statement is true or false. India has a multi Depository System. - Secretarial Practice

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Question

State whether the following statement is true or false.

India has a multi Depository System.

Options

  • True

  • False

MCQ
True or False
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Solution

India has a multi–Depository System- True.

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Depository System
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Chapter 9: Depository System - Exercises [Page 139]

RELATED QUESTIONS

Write notes on Importance of Depository system. 


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

______ has to pay charges to maintain Demat Account.


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 Agent of the Depository.


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.

DP is an agent of Depository.


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 ____________.


Select the Suitable option for the following.

First depository of world ____________.


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) First depository in India 1) ____________
b) ____________ 2) Rematerialisation
c) Fungibility 3) ____________
d) ____________ 4) ISIN

(12 digit code, NSDL, Electronic to physical, No distinctive number)


Answer in one sentence.

What is Depository System?


Correct the underlined word and rewrite the following sentence.

India has a single Depository system.


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.


Explain the advantages of the Depository System to the companies.


India has a ______ depository system.


Give one word or phrase for the following sentence:

How securities are settled?


Explain the following term/concept:

Depository system


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