HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions

Arrange in proper order:

(a) Allotment of shares

(b) Application of shares

(c) Share certificate

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.

Transfer of securities is easier in electronic mode.

State whether the following statement is true or false.

Bad delivery is likely in Depository System.

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. 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?

Explain disadvantages of physical mode of holding securities.

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

______ is a dealer in stock exchange who carries on trading of securities in his own name.

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

A ______ who expects a fall in the price of a security.

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

The practice of buying and selling within the same trading day before the close of the market on that day is called ______.