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Question
Demated shares are ______.
Options
Non-transferable
Fungible
Bearer
Solution
Demated shares are Fungible.
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Correct the underlined word and rewrite the following sentence.
ISIN of Indian Government securities is issued by NSDL.
Arrange in proper order.
- Gets Statement of Accounts
- Open Demat Account
- Submit DRF
Arrange in proper order.
- Investor (BO) submits an application for securities to the issuer company.
- Depository intimates the DP about crediting BO's Account.
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Rematerialization
Explain the following term/concept.
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Dematerialization and Rematerializotion
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ISIN is necessary component of Demat.
Explain the constituents of Depository system.
Mr. Kishore wants to demat his 25 shares of Hero Company Ltd. bearing certificate no. 100 and distinctive no. 76-100:
- Which form is he required to fill as a written request to the DP-DRF or RRF?
- Does he have to fill instrument of transfer if he wishes to transfer the same after demat?
- Does he have to quote certificate number and distinctive number, if he wishes to transfer his shares after it is in demat form?
