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Question
Complete the sentence.
The Indian Depository Act was passed in the year ______.
Solution
The Indian Depository Act was passed in the year 1996.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
______ is the oldest depository in India.
In India ISIN for corporate securities is allotted by ______.
Select the correct answer from the options given below and rewrite the statement.
NSDL is promoted by ______.
Write a word or a term or a phrase which can substitute the following statement.
The country where depository system started for the first time.
Find the odd one.
Complete the sentence.
The first depository of India is ______.
Select the correct option for the following.
First depository in India ____________.
Answer in one sentence.
When was Depository Act passed in India?
Answer in one sentence.
Name the depositories in India?
Study the following case/situation and express your opinion.
Mr. S holds 50 shares of Peculiar Co. Ltd. in demat form. The company has declared a dividend of ₹ 5/- per share and a Bonus of 1:1 to its shareholders.
- How will Mr. S get his dividend?
- Will he get a Bonus share in Physical or demat?
- Who is entitled to dividend and Bonus: Mr. S or the depository? (NSDL in this case)
NSDL & CDSL are the only depositories that exist in India.
