Which among the following is an organization that holds securities in the dematerialized form?
Which among the following is an organization that holds securities in the dematerialized form?
1). SEBI
2). Depository
3). Share Market Exchange
4). Depository Service Providers
1 answers
- A Depository is an organization that holds all kinds of shares, securities, debentures, bonds, derivatives, forwards and options contract etc. in the demat form.
- Depositories have the intermedairies who deal with the investors directly and they are known as the Depository Participants.
- Every DP needs to be registered with a depository in order to carry out depository-related activities in the country.
- In India, there are two main depositories - National Securities Depositories Limited and Central Depository Service Limited.
Other Questions
2. The minimum net worth stipulated by SEBI, required for a depository in India is ________.
4. The Controller General of Accounts works under the purview of which of the following?
5. Which of the following appoints the chairman of SEBI?
6. Who among the following can operate as a Depository Participant in India?
7. In which year was the Securities Exchange Board of India Act given statutory powers?
8. Who among the following is known as an issuer of a security?
9. Why is SEBI known as a quasi-legislative organization?
10. Foreign Exchange Management Act replaced FERA in which of the following year?