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Question
Transfer of securities is easier in electronic mode.
Options
True
False
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Solution
This statement is True.
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
There is no payment of ______ when securities are demated.
Write a word or a term or a phrase which can substitute the following statement.
This system eliminates storing of certificates.
Write a word or a term or a phrase which can substitute the following statement.
The registered owner of securities.
State whether the following statement is true or false.
DRF is required for conversion from physical to electronic.
Find the odd one.
Complete the sentence.
Central location for keeping securities in demated form is ______.
Complete the sentence.
Freezing of debit/credit of securities is possible in ______.
Select the correct option for the following.
____________ Rematerialisation
Correct the underlined word and rewrite the following sentence.
Storage of Certificates is not required in Physical mode of holding.
Correct the underlined word and rewrite the following sentence.
Securities are fungible in Physical mode.
Study the following case/situation and express your opinion.
Mr. R holds 100 shares of Peculiar Co. Ltd. in Demat mode:
- He wants to transfer one share each to his wife, daughter, and son. Can he do so?
- Does he need to submit DRF or DIS if he wants to transfer his shares?
- Can he nominate his wife in his Demat account?
Explain disadvantages of physical mode of holding securities.
Study the following case/situation and express your opinion.
| Mr. Satish holds 100 shares of Raj Company Ltd. in physical mode and wishes to convert the same into electronic mode: |
- Mr. Satish holds a Savings Bank Account with SBI Can he deposit his shares in this account for demat?
- What type of account is needed for the same?
- Is the RBI which will be the custodian of shares of Mr. Satish after demating?
