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Select the correct answer from the options given below and rewrite the statement. There is no payment of ______ when securities are demated. - Secretarial Practice

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Question

Select the correct answer from the options given below and rewrite the statement.

There is no payment of ______ when securities are demated.

Options

  • Octroi

  • Wealth Tax

  • Stamp Duty

MCQ
Fill in the Blanks

Solution

There is no payment of Stamp Duty when securities are demated.

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Functioning of Depository System
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Chapter 9: Depository System - Exercises [Page 137]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 A) 5. | Page 137

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