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Question
State whether the following statement is true or false.
Depository system began in the USA for the first time in the world.
Options
True
False
Solution
This statement is False.
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RELATED QUESTIONS
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______ has to pay charges to maintain Demat Account.
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This mode of holding securities may result in loss and theft of certificates.
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Select the Suitable option for the following.
____________ DP.
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CDSL ____________.
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Electronic mode of holding securities is risky.
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Depository provides easy and quicker transfer of shares.
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The depository system results in reduced time, cost, and efforts.
India has a ______ depository system.
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