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Question
Correct the underlined word and rewrite the following sentence.
Banking system leads to a scrip less capital market.
Solution
Depository system leads to a scrip less capital market.
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RELATED QUESTIONS
Write notes on Importance of Depository system.
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.
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India has a ______ depository system.
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This mode of holding securities may result in loss and theft of certificates.
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The organization which holds the securities in electronic mode.
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Allotment of securities take longer time when in physical mode.
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Depository system began in the USA for the first time in the world.
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DP is an agent of Depository.
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Allotment and Transfer of securities are time consuming in electronic mode.
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Dematerialisation
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Depository provides easy and quicker transfer of shares.
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How securities are settled?
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Depository System has a very important role to play in the successful functioning of the capital market.
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Explain the following term/concept:
Depository system