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    Question

    The 'Depository' in the Indian capital market (like NSDL

    or CDSL) holds securities:
    A In physical certificate form. Correct Answer Incorrect Answer
    B In dematerialized (demat) electronic form. Correct Answer Incorrect Answer
    C On behalf of the company secretary. Correct Answer Incorrect Answer
    D In a locked vault. Correct Answer Incorrect Answer

    Solution

    A Depository is an institution that holds securities (like shares, bonds) in electronic or dematerialized form. It facilitates the transfer of ownership through electronic book entries, eliminating the need for physical share certificates.

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