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State whether the following statement is true or false. A Bank can work as a DP. - Secretarial Practice

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Question

State whether the following statement is true or false.

A Bank can work as a DP.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is True.

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Depository System
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Chapter 9: Depository System - Exercises [Page 139]

APPEARS IN

Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 D) 10. | Page 139

RELATED QUESTIONS

Risk of losing certificates exists in _________ mode.


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

In Depository System, securities are held in ______ form.


Match the pairs.

Group ‘A' Group ‘B'
a) Bad Delivery 1) 1956
b) Depository Act 2) A 12 digit number/code.
c) ISIN 3) Connects Government and Bank.
d) Depository participant 4) Second Depository in India.
e) CDSL 5) The Issuer Company.
f) Depository 6) Problem faced in physical mode.
g) Beneficial owner 7) A 10 digit number/code.
  8) Connects Depository and Investor.
  9) First Depository in the world.
  10) Coustodian of securities in electronic form.
  11) Problem faced in electronic mode.
  12) 1996
  13) Government Organisation.
  14) The Investor.

Write a word or a term or a phrase which can substitute the following statement.

The organization which holds the securities in electronic mode.


State whether the following statement is true or false.

Allotment of securities take longer time when in physical mode.


State whether the following statement is true or false.

Depository system is very similar to banking system.


Find the odd one.


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) First depository in India 1) ____________
b) ____________ 2) Rematerialisation
c) Fungibility 3) ____________
d) ____________ 4) ISIN

(12 digit code, NSDL, Electronic to physical, No distinctive number)


Answer in one sentence.

What is Depository System?


Correct the underlined word and rewrite the following sentence.

Electronic mode of holding securities is risky.


Correct the underlined word and rewrite the following sentence.

Banking system leads to a scrip less capital market.


Explain four advantages of Depository system to the Company.


Justify the following statement.

The electronic holding of securities is safer than physical holding.


Justify the following statement.

Depository provides easy and quicker transfer of shares.


Justify the following statement.

The depository system results in reduced time, cost, and efforts.


Justify the following statement.

Depository system is very similar to the Banking system.


Explain the advantages of the Depository System to the companies.


India has a ______ depository system.


Explain the following term/concept:

Depository system


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