English

State whether the following statement is true or false. ISIN is a unique code given to the specific securities.

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Question

State whether the following statement is true or false.

ISIN is a unique code given to the specific securities.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is True.

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Concepts/Terms Related to 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) 12. | Page 139

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Demated shares are ______.


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

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______ has to apply for ISIN.


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____________ ISIN.


Answer in one sentence.

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Correct the underlined word and rewrite the following sentence.

ISIN of Indian Government securities is issued by NSDL.


Arrange in proper order.

  1. Gets Statement of Accounts
  2. Open Demat Account
  3. Submit DRF

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Explain the following term/concept.

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Justify the following statement.

ISIN is necessary component of Demat.


ISIN is a code given to a company.


Mr. Kishore wants to demat his 25 shares of Hero Company Ltd. bearing certificate no. 100 and distinctive no. 76-100:

  1. Which form is he required to fill as a written request to the DP-DRF or RRF?
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  3. Does he have to quote certificate number and distinctive number, if he wishes to transfer his shares after it is in demat form?

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