Advertisements
Advertisements
Question
Write a word or a term or a phrase which can substitute the following statement.
The organisation which holds the securities in electronic mode.
Advertisements
Solution
Depository
Explanation:
Under Depository System, securities are held in electronic form. The transfer and settlement of securities are done electronically. The Depository System maintains accounts of the shareholder, enables transfer, collects dividends, bonus shares, etc. on behalf of the shareholder. This system is also called as scripless trading system.
APPEARS IN
RELATED QUESTIONS
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.
State whether the following statement is true or false.
Depository system is very similar to banking system.
Select the Suitable word for the following.
Dematerialization ____________.
Select the Suitable option for the following.
CDSL ____________.
Answer in one sentence.
What is Depository System?
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.
Depository provides easy and quicker transfer of shares.
Justify the following statement.
Depository system is very similar to the banking system.
Explain the advantages of the Depository System to the companies.
In Depository System, securities are held in ______ form.
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
