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प्रश्न
Explain the following term/concept:
Depository system
उत्तर
Under Depository System, securities are held in electronic form. The transfer and settlement of securities are done electronically. The Depository System maintains the accounts of the shareholder, enables transfer and collects dividends, bonus shares, etc., on behalf of the shareholder. This system is also called a scripless trading system. In India, the Depository System was introduced by passing the Depository Act in 1996. Under this Act, a competitive multi-depository system consisting of two depositories, viz., NSDL and CDSL, was set up. The world’s first Depository was set up in 1947 in Germany.
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संबंधित प्रश्न
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.
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 Agent of the Depository.
State whether the following statement is true or false.
A Bank can work as a DP.
Find the odd one.
Complete the sentence.
First Depository of the world started in the year ______.
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)
Answer in one sentence.
Give examples of action termed as corporate action.
Explain the following term/concept.
Depository system
Explain the following term/concept.
Dematerialisation
Explain any four advantages of Depository system to Investor.
Justify the following statement.
Depository system is very similar to the Banking system.
India has a ______ depository system.
State benefits of the depository to Investors.
Justify the following statement.
Depository System has a very important role to play in the successful functioning of the capital market.
