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State whether the following statement is true or false. DP is an agent of Depository. - Secretarial Practice

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Question

State whether the following statement is true or false.

DP is an agent of Depository.

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) 9. | Page 139

RELATED QUESTIONS

Write notes on Importance of Depository system. 


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

______ is the institute which facilitates electronic holding of securities.


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 Agent of the Depository.


State whether the following statement is true or false.

Depository system began in the USA for the first time in the world.


State whether the following statement is true or false.

Depository system is very similar to banking system.


Find the odd one.


Complete the sentence.

First Depository of the world started in the year ______.


Select the Suitable word for the following.

Dematerialization ____________.


Select the Suitable option for the following.

First depository of world ____________.


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
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c) Fungibility 3) ____________
d) ____________ 4) ISIN

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


Answer in one sentence.

Give examples of action termed as corporate action.


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.

India has a single Depository system.


Explain any four advantages of Depository system to Investor.


Justify the following statement.

Depository provides easy and quicker transfer of shares.


Explain the advantages of the Depository System to the companies.


Explain any four advantages of depository system to the company.


Explain the following term/concept:

Depository system


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