Select the correct answer from the options given below and rewrite the statements.
1. In physical mode, securities are held in ………………………………… form.
a) Paper b) Dematerialization c) Electronic
Ans:- a) Paper
2. Risk of losing certificates exists in ………………………………… mode.
a) Physical b) Dematerialised c) Digital
Ans:-a) Physical
3. In Depository System, securities are held in ………………………………… form.
a) Scrip based b) electronic c) Physical
Ans:- b) electronic
4. ………………………………… is the institute which facilitates electronic holding of securities.
a) Depository participant b) Issuer c) Depository
Ans:- c) Depository
5. There is no payment of …………….. when securities are demated.
a) Octroi b) Wealth Tax c) Stamp Duty
Ans:- c) Stamp Duty
6. Depository Act was passed in …………………………………
a) 1919 b) 1996 c) 1999
Ans:- b) 1996
7. India has a ………………….. depository system.
a) sole b) multi c) single
Ans:- b) multi
8. ………………….. is a constituent of depository system.
a) Government b) Issuer c) Trust
Ans:-b) Issuer
9. ………………….. is the oldest depository in India.
a) Dow Jones b) NSDL c) CDSL
Ans:-b) NSDL
10. Demat account is opened by ………………….. .
a) Beneficial Owner b) CDSL c) SEBI
Ans:- a) Beneficial Owner
11. Demated shares are………………….. .
a) Non-transferable b) Fungible c) Bearer
Ans:-b) Fungible
12. ………………….. is a unique code given to a security.
a) IBM b) BBM C) ISIN
Ans:-C) ISIN
13. In India ISIN for corporate securities is allotted by …………………..
a) NSDL b) Central Govt. c) State Govt.
Ans:- a) NSDL
14. ………………….. has to apply for ISIN.
a) Company b) Depository participant c) Depositors
Ans:- a) Company
15. ………………….. has to pay charges to maintain Demat Account.
a) Investor b) Issuer c) Depository
Ans:- a) Investor
16. NSDL is promoted by …………………..
a) NSE b) BSE c) FTSE
Ans:- a) NSE
17. CDSL is promoted by …………………..
a) NSE b) BSE c) FTSE
Ans:- b) BSE