English

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

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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. 


In physical mode, securities are held in ______ form.


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

______ has to pay charges to maintain Demat Account.


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

This system allows faster and easier transfer of securities.


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.

Allotment of securities take longer time when in physical mode.


State whether the following statement is true or false.

A Bank can work as a DP.


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)


Answer in one sentence.

Give examples of action termed as corporate action.


Correct the underlined word and rewrite the following sentence.

India has a single Depository system.


Explain the following term/concept.

Dematerialisation


Explain four advantages of Depository system to the Company.


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.


Explain the advantages of the Depository System to the companies.


Give one word or phrase for the following sentence:

How securities are settled?


Explain any four advantages of depository system to the company.


Explain the following term/concept:

Depository system


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