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State whether the following statement is true or false. India has a multi Depository System. - Secretarial Practice

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Question

State whether the following statement is true or false.

India has a multi Depository System.

Options

  • True

  • False

MCQ
True or False

Solution

India has a multi–Depository System- True.

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

RELATED QUESTIONS

In physical mode, securities are held in ______ form.


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

In Depository System, securities are held in ______ form.


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.

This mode of holding securities may result in loss and theft of certificates.


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

This system allows faster and easier transfer of securities.


State whether the following statement is true or false.

DP is an agent of Depository.


State whether the following statement is true or false.

A Bank can work as a DP.


Find the odd one.


Complete the sentence.

First Depository of the world started in the year ______.


Select the Suitable option for the following.

____________ DP.


Select the Suitable option for the following.

First depository of world ____________.


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.


Explain the advantages of the Depository System to the companies.


India has a ______ depository system.


India has a single depository system.


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