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State whether the following statement is true or false. Physical mode of holding securities is risky. - Secretarial Practice

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Question

State whether the following statement is true or false.

Physical mode of holding securities is risky.

Options

  • True

  • False

MCQ
True or False

Solution

Physical mode of holding securities is risky- True.

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

RELATED QUESTIONS

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.

The organization which holds the securities in electronic mode.


State whether the following statement is true or false.

India has a multi Depository System.


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 correct option from the bracket.

Group ‘A' Group ‘B'
a) Dematerialization 1) ____________
b) ____________ 2) DP
c) First depository of world 3) ____________
d) CDSL 4) ____________

(1999, Agent of Depository, Germany, physical to electronic)


Select the Suitable word for the following.

Dematerialization ____________.


Select the Suitable option for the following.

____________ DP.


Select the Suitable option for the following.

CDSL ____________.


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.

Allotment and Transfer of securities are time consuming in electronic mode.


Explain the following term/concept.

Depository system


Explain the following term/concept.

Dematerialisation


Justify the following statement.

Depository provides easy and quicker transfer of shares.


Explain the advantages of the Depository System to the companies.


In Depository System, securities are held in ______ form.


India has a single depository system.


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