Advertisements
Advertisements
प्रश्न
Answer in one sentence.
What is Depository System?
उत्तर १
The system under which shares are held, transferred, and settled in electronic form is called a depository system.
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.
APPEARS IN
संबंधित प्रश्न
In physical mode, securities are held in ______ form.
Select the correct answer from the options given below and rewrite the statement.
______ is the institute which facilitates electronic holding of securities.
Select the correct answer from the options given below and rewrite the statement.
______ has to pay charges to maintain Demat Account.
Match the pairs.
Group ‘A' | Group ‘B' |
a) Bad Delivery | 1) 1956 |
b) Depository Act | 2) A 12 digit number/code. |
c) ISIN | 3) Connects Government and Bank. |
d) Depository participant | 4) Second Depository in India. |
e) CDSL | 5) The Issuer Company. |
f) Depository | 6) Problem faced in physical mode. |
g) Beneficial owner | 7) A 10 digit number/code. |
8) Connects Depository and Investor. | |
9) First Depository in the world. | |
10) Coustodian of securities in electronic form. | |
11) Problem faced in electronic mode. | |
12) 1996 | |
13) Government Organisation. | |
14) The Investor. |
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.
This system allows faster and easier transfer of securities.
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.
Depository system is very similar to banking system.
State whether the following statement is true or false.
A Bank can work as a DP.
Find the odd one.
Select the correct option from the bracket.
Group ‘A' | Group ‘B' |
a) Dematerialization | 1) ____________ |
b) ____________ | 2) DP |
c) First depository of world | 3) ____________ |
d) CDSL | 4) ____________ |
(1999, Agent of Depository, Germany, physical to electronic)
Select the correct option from the bracket.
Group ‘A’ | Group ‘B’ |
a) First depository in India | 1) ____________ |
b) ____________ | 2) Rematerialisation |
c) Fungibility | 3) ____________ |
d) ____________ | 4) ISIN |
(12 digit code, NSDL, Electronic to physical, No distinctive number)
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.
Correct the underlined word and rewrite the following sentence.
India has a single Depository system.
Explain any four advantages of Depository system to Investor.
In Depository System, securities are held in ______ form.