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Write a word or a term or a phrase which can substitute the following statement. This is the unique code for security given in depository system. - Secretarial Practice

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Question

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

This is the unique code for security given in depository system.

One Word/Term Answer
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Solution

This is the unique code for security given in depository system. - ISIN

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Concepts/Terms Related to Depository System
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Chapter 9: Depository System - Exercises [Page 139]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 C) 12. | Page 139

RELATED QUESTIONS

Dematerialisation and Rematerialisation 


Demated shares are ______.


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

______ is a unique code given to a security.


______ has to apply for ISIN.


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

This process converts securities into electronic form from physical form.


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

This process converts securities into physical form from electronic form.


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

This means securities are without distinctive identity number.


State whether the following statement is true or false.

ISIN is a unique code given to the specific securities.


Complete the sentence.

The unique code identifying a security is ______.


Answer in one sentence.

What is Dematerialisation?


Answer in one sentence.

What is Rematerialisation?


Answer in one sentence.

What is ISIN?


Arrange in proper order.

  1. Investor (BO) submits an application for securities to the issuer company.
  2. Depository intimates the DP about crediting BO's Account.
  3. Issuer company gives details of allotment to Depository.

Explain the following term/concept.

Fungibility


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?
  2. Does he have to fill instrument of transfer if he wishes to transfer the same after demat?
  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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