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Answer in one sentence. What is Depository System? - Secretarial Practice

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प्रश्न

Answer in one sentence.

What is Depository System?

एक पंक्ति में उत्तर

उत्तर १

The system under which shares are held, transferred, and settled in electronic form is called a depository system.

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उत्तर २

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.

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Depository System
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 9: Depository System - Exercises [पृष्ठ १४०]

APPEARS IN

बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
अध्याय 9 Depository System
Exercises | Q 1 H) 1. | पृष्ठ १४०
बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
अध्याय 9 Depository System
Exercises | Q 7.1 | पृष्ठ १४२

संबंधित प्रश्न

In physical mode, securities are held in ______ form.


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

In Depository System, securities are held in ______ form.


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.


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

The organization which holds the securities in electronic mode.


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

The Agent of the Depository.


State whether the following statement is true or false.

Physical mode of holding securities is risky.


State whether the following statement is true or false.

DP is an agent of Depository.


State whether the following statement is true or false.

A Bank can work as a DP.


Find the odd one.


Select the Suitable word for the following.

Dematerialization ____________.


Select the Suitable option for the following.

First depository of world ____________.


Correct the underlined word and rewrite the following sentence.

Electronic mode of holding securities is risky.


Correct the underlined word and rewrite the following sentence.

Allotment and Transfer of securities are time consuming in electronic mode.


Correct the underlined word and rewrite the following sentence.

Banking system leads to a scrip less capital market.


Explain any four advantages of Depository system to Investor.


Give one word or phrase for the following sentence:

How securities are settled?


State benefits of the depository to Investors.


India has a single depository system.


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