It acts like a bank and keeps securities in electronic form on behalf of the investor,

Related MCQs

• Suppose an investor purchases a 91 days Treasury bill with a face value of ₹2,00,000 for ₹1,92,000. By holding the bill until the maturity date, the investor receives ₹2,00,000. What is the amount of interest received by him?
• ..................... is a preferential independent broker who deals in securities on his own behalf.
• One of the common irregularities noted by the Securities and Exchange Board of India during the inspection of a stock exchange was that it was dealing with unregistered subbrokers. Identify the related function of Securities and Exchange Board of India
• When purchases of securities are more than sales of securities, the market is called
• When sales of securities are more than purchases of securities, the market is called
• ————— fund invests in highly liquid securities like commercial paper.
• It serves as an intermediary between the investor and the depository who is authorised to maintain the accounts of dematerialised shares.
• The central depositary ..................... the security on behalf of the investors
• Which of the following provides income that is fully exempt from taxation for the individual investor?
• The mandatory detail that an investor has to provide to the broker at the time of opening a demat account is