11 Dec 2020 8:48 am
Chapter 9, Depository System, sp, secretarial practice, hsc, maharashtra board, full solution,
Select the correct answer from the options given below and rewrite the statement.
1.In physical mode, securities are held in ______ form.
2.Risk of losing certificates exists in ______ mode.
3.In Depository System, securities are held in ______ form.
4.______ is the institute which facilitates electronic holding of securities.
5.There is no payment of ______ when securities are demated.
6.Depository Act was passed in __________.
7.India has a ______ depository system.
8.______ is a constituent of depository system.
9.______ is the oldest depository in India.
10.Demat account is opened by ______.
11.Demated shares are ______.
12.______ is a unique code given to a security.
13.In India ISIN for corporate securities is allotted by ______.
14.______ has to apply for ISIN.
15.______ has to pay charges to maintain Demat Account.
16.NSDL is promoted by ______.
17.CDSL is promoted by ______.
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. |
Group ‘A’ | Group ‘B’ |
a) Bad Delivery | 6) Problem faced in physical mode. |
b) Depository Act | 12) 1996 |
c) ISIN | 2) A 12 digit number/code. |
d) Depository participant | 8) Connects Depository and Investor. |
e) CDSL | 4) Second Depository in India. |
f) Depository | 10) Coustodian of securities in electronic form. |
g) Beneficial owner | 14) The Investor. |
1.This mode of holding securities may result in loss and theft of certificates.
This mode of holding securities may result in loss and theft of certificates. – Physical mode
2.The organization which holds the securities in electronic mode.
This mode of holding securities may result in loss and theft of certificates. – Physical mode
3.This system eliminates storing of certificates.
This system eliminates storing of certificates. – Depository system
4.This system allows faster and easier transfer of securities.
This system allows faster and easier transfer of securities. – Depository system
5.The oldest Depository of India.
The oldest Depository of India. – National Security Depository Limited (NSDL)
6.The country where depository system started for the first time.
The country where depository system started for the first time. – Germany
7.The registered owner of securities.
The registered owner of securities. – Beneficial owner
8.The Agent of the Depository.
The Agent of the Depository. – Depository participant
9.This process converts securities into electronic form from physical form.
This process converts securities into electronic form from physical form. – Dematerialisation
10.This process converts securities into physical form from electronic form.
This process converts securities into physical form from electronic form. – Rematerialisation
11.This means securities are without distinctive identity number.
This means securities are without distinctive identity number. – Fungibility
12.This is the unique code for security given in depository system.
This is the unique code for security given in depository system. – ISIN
1.Physical mode of holding securities is risky.
2.Allotment of securities take longer time when in physical mode.
3.Transfer of securities is easier in electronic mode.
4.Bad delivery is likely in Depository System.
5.Depository system began in the USA for the first time in the world.
6.India has a multi Depository System.
7.Depository system is very similar to banking system.
8.DP is a constituent of Depository System.
9.DP is an agent of Depository.
10.A Bank can work as a DP.
11.DRF is required for conversion from physical to electronic.
12.ISIN is a unique code given to the specific securities.
1.Find the odd one.
2.Find the odd one.
3.Find the odd one.
4.Find the odd one.
5.Find the odd one.
6.Find the odd one.