Which among the following is a service offered by the depositories in India? I. Maintenance of the record of securities held in the electronic form II. Settlement of trades by delivery or receipt of securities from / in the beneficiary owner account III. Pledging of dematerialized shares and facilitating loans against such securities
Which among the following is a service offered by the depositories in India?
I. Maintenance of the record of securities held in the electronic form
II. Settlement of trades by delivery or receipt of securities from / in the beneficiary owner account
III. Pledging of dematerialized shares and facilitating loans against such securities
1). Both II and III
2). Only II
3). Both I and III
4). Both I and II
1 answers
The services offered by the depositories can be summed up as follows:
- Opening a demat account of the investors.
- Dematerialization and rematerialization of shares.
- Maintenance of record of securities held on behalf of the beneficial owners in the demat accounts.
- Settlement of off-market trades between beneficiary owners.
- Pledging of dematerialized shares and facilitating loans against such securities.
- Receiving electronic credit in respect of securities allotted by issuers under the IPO route or any other route
Other Questions
1. What is the name of the measurement index of Bombay Stock Exchange?
2. Which of the following appoints the chairman of SEBI?
3. Capital Marketing is used for borrowing and leanding of money ________1 year.
4. Which of the following is a preliminary registration document that needs to be filed with SEBI?
6. Under whose recommendation was the National Stock Exchanges Set up?
7. Who among the following can operate as a Depository Participant in India?
10. Which two bodies comprise the Securities Contracts Regulation Act?