Dematerialisation and Depository
Supriya's grandmother who was unwell called her and gave her a gift packet. Supriya opened the packet and saw many crumpled share certificates inside. Her grandmother told her that they had been left behind by her late grandfather. As no trading is now done in physical form, Supriya wants to know the process by adopting which she is in a position to deal with these certificates. Identify and state the process.
Which of the following are depositories that are present in India?
National Services Depository Limited
Central Depository Services Limited
Central Depository Securities Limited
National Securities Depository Limited
To eliminate the problems of theft, forgery, transfer delays, etc, an electronic book-entry form of holding and transferring securities has been introduced. This is known as ___ of securities.
Depository is like a bank, in which an investor can deposit and withdraw his/her shares. State true or false.
- stock exchange
- Company law board
- Goat, milk, meat
- Plant, vegetable, milk
- Cow, milk, butter
- Hen, meat, egg
- Vitamins and minerals
- Proteins and fats
- Carbohydrates and proteins
- Fats and carbohydrates
- chicken and rice
- fish and rice
- maize and bajra
- bread and leafy vegetables