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Question
State whether the following statement is true or false.
DRF is required for conversion from physical to electronic.
Options
True
False
Solution
This statement is True.
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
There is no payment of ______ when securities are demated.
Write a word or a term or a phrase which can substitute the following statement.
This system eliminates storing of certificates.
Write a word or a term or a phrase which can substitute the following statement.
The registered owner of securities.
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Bad delivery is likely in Depository System.
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Correct the underlined word and rewrite the following sentence.
Storage of Certificates is not required in Physical mode of holding.
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Securities are fungible in Physical mode.
Study the following case/situation and express your opinion.
Mr. Z holds 100 shares of Peculiar Co. Ltd. in Physical mode and wishes to convert the same in electronic mode :
- Mr. Z holds a Saving Bank Account with CFDH Bank Ltd. Can he deposit his shares in this account for Demat?
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Study the following case/situation and express your opinion.
Mrs. Z wishes to open a Demat account in her name :
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Explain disadvantages of physical mode of holding securities.
Study the following case/situation and express your opinion.
| Mr. Satish holds 100 shares of Raj Company Ltd. in physical mode and wishes to convert the same into electronic mode: |
- Mr. Satish holds a Savings Bank Account with SBI Can he deposit his shares in this account for demat?
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