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Question
State whether the following statement is true or false.
ISIN is a unique code given to the specific securities.
Options
True
False
Solution
This statement is True.
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RELATED QUESTIONS
Dematerialisation and Rematerialisation
Select the correct answer from the options given below and rewrite the statement.
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This process converts securities into physical form from electronic form.
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This means securities are without distinctive identity number.
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This is the unique code for security given in depository system.
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The unique code identifying a security is ______.
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Fungibility ____________.
Answer in one sentence.
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Answer in one sentence.
What is ISIN?
Correct the underlined word and rewrite the following sentence.
Depository Participant in India has to register under the partnership act.
Correct the underlined word and rewrite the following sentence.
ISIN is a code given to a company.
Correct the underlined word and rewrite the following sentence.
ISIN of Indian Government securities is issued by NSDL.
Arrange in proper order.
- Gets Statement of Accounts
- Open Demat Account
- Submit DRF
Arrange in proper order.
- Investor (BO) submits an application for securities to the issuer company.
- Depository intimates the DP about crediting BO's Account.
- Issuer company gives details of allotment to Depository.
Explain the following term/concept.
Rematerialization
Explain the following term/concept.
ISIN
Justify the following statement.
ISIN is necessary component of Demat.
ISIN is a code given to a company.