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प्रश्न
Explain the following term/concept.
Fungibility
उत्तर
In financial terms, fungibility means the state of being interchangeable. The securities held in Demat/electronic forms are fungible. They are interchangeable, substitutable, and cannot be distinguished from each other. Securities bear no notable features like a distinctive number, certificate number, or folio number.
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संबंधित प्रश्न
Dematerialisation and Rematerialisation
Select the correct answer from the options given below and rewrite the statement.
Demated shares are ______.
Select the correct answer from the options given below and rewrite the statement.
______ is a unique code given to a security.
Select the correct answer from the options given below and rewrite the statement.
______ has to apply for ISIN.
Write a word or a term or a phrase which can substitute the following statement.
This means securities are without distinctive identity number.
Write a word or a term or a phrase which can substitute the following statement.
This is the unique code for security given in depository system.
Complete the sentence.
The unique code identifying a security is ______.
Select the correct option for the following.
____________ ISIN.
Answer in one sentence.
What is Dematerialisation?
Answer in one sentence.
What is Rematerialisation?
Answer in one sentence.
What is ISIN?
Correct the underlined word and rewrite the following sentence.
ISIN of Indian Government securities is issued by NSDL.
Arrange in proper order.
- Investor (BO) submits an application for securities to the issuer company.
- Depository intimates the DP about crediting BO's Account.
- Issuer company gives details of allotment to Depository.
Explain the following term/concept.
Rematerialization
Explain the constituents of Depository system.
ISIN is a code given to a company.
