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प्रश्न
Justify the following statement.
Depository system is very similar to the Banking system.
उत्तर
- As a bank keeps the money safe. Similarly, a depository system keeps the securities safe.
- As in a bank, funds are held in accounts having unique numbers. Similarly, in a depository system, securities are held in accounts having unique IDs.
- Like a bank, there is no physical handling of securities during allotments, transfers, etc.
- In a bank, the transfer of funds between accounts is done. Similarly, in a depository system, the transfer of securities between accounts is done.
- Hence, depository system is very similar to the banking system.
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संबंधित प्रश्न
Write notes on Importance of Depository system.
In physical mode, securities are held in ______ form.
Risk of losing certificates exists in _________ mode.
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.
The Agent of the Depository.
State whether the following statement is true or false.
Depository system began in the USA for the first time in the world.
Find the odd one.
Find the odd one.
Select the Suitable option for the following.
First depository of world ____________.
Answer in one sentence.
What is Depository System?
Answer in one sentence.
Give examples of action termed as corporate action.
Correct the underlined word and rewrite the following sentence.
Electronic mode of holding securities is risky.
Explain the following term/concept.
Dematerialisation
Justify the following statement.
The electronic holding of securities is safer than physical holding.
Justify the following statement.
Depository provides easy and quicker transfer of shares.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
