Depositories Act

Dematerialization is ...............

• a) conversion of physical securities into electronic form

• b) conversion of share certificate into share warrant

• c) conversion of shares into stock

Depository facilitates ...............

• a) safe keeping of securities

• b) safe keeping of money

• c) safe keeping of valuable documents money

Depository Act was passed in ...............

• a) 1996

• b) 1986

• c) 1985

The depository participant has .... for identification.

• ID No.

• Pan No.

• Index No.

............... of securities eliminates paper work

• Rematerialisation

• Dematerialization

• Physical transfer

Shares in physical form cannot be converted into electronic form.

• True

• False

Handling demat shares is very time consuming.

• True

• False

Unless the shares are dematerialized they cannot be traded in depository mode.

• True

• False

Share transfer in depository mode is fast and economical.

• True

• false

Identification number given to a security of an issuer company at the time of admitting such security in the depository system.

• ISNI

• ISIN

• IISN

• ISNI