Read and download CBSE Class 12 Operations of Depository in NCERT book for Class 12 Other Subjects. You can download latest NCERT eBooks chapter wise in PDF format free from Studiestoday.com. This Other Subjects textbook for Class 12 is designed by NCERT and is very useful for students. Please also refer to the NCERT solutions for Class 12 Other Subjects to understand the answers of the exercise questions given at the end of this chapter
NCERT Book for Class 12 Other Subjects Operations Of Depository
Class 12 Other Subjects students should refer to the following NCERT Book Operations Of Depository in Class 12. This NCERT Book for Class 12 Other Subjects will be very useful for exams and help you to score good marks
Operations Of Depository NCERT Book Class 12
Chapter 8 Operations of Depository Participants
Learning Objectives:
After reading this chapter, you should be able:
1. To understand meaning and importance of ISIN
2. To understand the importance of dematerialization of securities and the process involved.
3. To understand the process of transfer of shares.
4. To apply the knowledge in real life situation.
Your guide engine to learning:
1. Introduction – Depository System
2. International Securities Identification Number
1. Securities that can be dematerialized
3. Dematerialization
1. Meaning
2. Process of Dematerialization
3. Benefits of having a demat account
4. Trading and Settlement of dematted shares:
1. Meaning of transfer of shares
2. Settlement of off-market Trades
3. Settlement of Market Trades
5. Rematerialization
8.1 Introduction – Depository System
The earlier settlement system on Indian stock exchanges was very inefficient as it was unable to take care of the transfer of securities in a quick/speedy manner. Since, the securities were in the form of physical certificates; their quick movement was again difficult. This led to settlement delays, theft, forgery, mutilation and bad deliveries and also to added costs.
To wipeout these problems, the Depositories Act 1996 was passed. It was formed with the purpose of ensuring free transferability of securities with speed, accuracy & security. It has been able to do so by:
a) Making securities of public limited companies freely transferable, subject to certain exceptions;
b) Dematerialising the securities in the depository mode; and
c) Providing for maintenance of ownership records in a book entry form.
For performing the above tasks, two depositories viz, NSDL & CDSL have come up.
National Securities Depository Limited (NSDL) does the above tasks for the trades done on NSE. It is a joint venture of:
- IDBI (Industrial Development Bank of India Limited);
- NSE (National Stock Exchange); and
- UTI (Unit Trust of India).
NSDL is the first depository to be set up in India. It was registered by SEBI on June 7, 1996.
The second depository Central Depository Services Limited (CDSL) has been promoted by Bombay Stock Exchange and Bank of India. It was formed in February 1999. Both depositories have a network of Depository participants (DPs) which are further electronically connected to their clients. So, DPs act as a link between the depositories and the clients.
The Depository system to some extent works like the banking system. There is a
central bank and the rules and regulations related to the working of all the
commercial, foreign, co-operative and other types of banks are framed by the central bank. In order to do the daily transactions, the investors open an account with the associate banks, and not with the central one. Like an investor can have a bank account with more than one bank, similarly one can have more than one Demat Account. We can further bring out the similarities as well as the differences between the two in understanding the depository system. (See Table 8.1)
Please refer to the link below for - CBSE Class 12 Operations of Depository
Other Subjects NCERT Book Class 12 Operations Of Depository
The above NCERT Books for Class 12 Other Subjects Operations Of Depository have been published by NCERT for latest academic session. The textbook by NCERT for Operations Of Depository Other Subjects Class 12 is being used by various schools and almost all education boards in India. Teachers have always recommended students to refer to Operations Of Depository NCERT etextbooks as the exams for Class 12 Other Subjects are always asked as per the syllabus defined in these ebooks. These Class 12 Operations Of Depository book for Other Subjects also includes collection of question. We have also provided NCERT solutions for Class 12 Other Subjects which have been developed by teachers of StudiesToday.com after thorough review of the latest book and based on pattern of questions in upcoming exams for Class 12 students.
NCERT Book Class 12 Other Subjects Operations Of Depository
The latest NCERT book for Operations Of Depository pdf have been published by NCERT based on the latest research done for each topic which has to be taught to students in all classes. The books for Class 12 Other Subjects Operations Of Depository are designed to enhance the overall understanding of students. All Class 12 NCERT textbooks have been written in an easy to understand language which will help to enhance the overall level of Class 12 students.
Operations Of Depository NCERT Book Class 12 Other Subjects
As the students of Class 12 need the books for their regular studies, we have provided all NCERT book for Operations Of Depository in pdf here for free download. All pdf NCERT books available here for Class 12 will help them to read on their mobile or computers. They can take a print of the Class 12 Other Subjects NCERT Book Operations Of Depository pdf easily and use them for studies. The NCERT textbooks for Class 12 Other Subjects have been provided chapter-wise and can be downloaded for free of cost.
Class 12 Other Subjects Operations Of Depository NCERT Book
Along with Other Subjects Class 12 NCERT Book in Pdf for Operations Of Depository we have provided all NCERT Books in English Medium for Class 12 which will be really helpful for students who have opted for english language as a medium. Class 12 students will need their books in English so we have provided them here for all subjects in Class 12.
Class 12 Operations Of Depository NCERT Book Other Subjects
For Class 12 Operations Of Depository we have provided books for students who have opted for Hindi and Urdu medium too. You can click on the links provided above to download all Hindi medium Class 12 Other Subjects Operations Of Depository book in easy to read pdf format. These books will help Class 12 Other Subjects students to understand all topics and also strictly follow latest syllabus for their studies. If you are looking to download the pdf version of Class 12 Other Subjects Operations Of Depository textbook issued by NCERT then you have come to the correct website
You can download the NCERT Book for Class 12 Other Subjects Operations Of Depository for latest session from StudiesToday.com
Yes, you can click on the link above and download chapter wise NCERT Books in PDFs for Class 12 for Other Subjects Operations Of Depository
Yes, the NCERT Book issued for Class 12 Other Subjects Operations Of Depository have been made available here for latest academic session
You can easily access the link above and download the Class 12 NCERT Books Other Subjects Operations Of Depository for each chapter
There is no charge for the NCERT Book for Class 12 Other Subjects Operations Of Depository you can download everything free
Regular revision of NCERT Books given on studiestoday for Class 12 subject Other Subjects Operations Of Depository can help you to score better marks in exams