HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Important Questions for Secretarial Practice

Draft a letter of thanks to the depositor of a company.

State whether the following statements are true or false.

A Private Company can accept the deposits from the general public.

Correct the underlined word and rewrite the following sentence:

Depositors are owners of the company.

Write a letter to thank the depositor for the Fixed Deposit.

Give one word or phrase for the following sentence:

Who are the depositors for the organization?

Write a letter to deposit or regarding renewal of his deposit.

In physical mode, securities are held in ______ form.

Depository Act was passed in __________.

Demated shares are ______.

______ 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 means securities are without distinctive identity number.

State whether the following statement is true or false.

Physical mode of holding securities is risky.

Transfer of securities is easier in electronic mode.

State whether the following statement is true or false.

India has a multi Depository System.

Correct the underlined word and rewrite the following sentence.

Banking system leads to a scrip less capital market.

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. Z holds 100 shares of Peculiar Co. Ltd. in Physical mode and wishes to convert the same in electronic mode :

1. Mr. Z holds a Saving Bank Account with CFDH Bank Ltd. Can he deposit his shares in this account for Demat?
2. What type of account is needed for the same?
3. Is it the RBI which will be the custodian of shares of Mr. Z after demating?

Study the following case/situation and express your opinion.

Mr. R holds 100 shares of Peculiar Co. Ltd. in Demat mode:

1. He wants to transfer one share each to his wife, daughter, and son. Can he do so?
2. Does he need to submit DRF or DIS if he wants to transfer his shares?
3. Can he nominate his wife in his Demat account?

Study the following case/situation and express your opinion.

Mrs. Z wishes to open a Demat account in her name :

1. Can she open the account by going to the Mumbai office of NSDL?
2. Is she required to pay for the opening of the account and its maintenance?
3. Does she have to send the shares to the respective company for demating?