Section 16 of Depository Act - Depositories to indemnify loss in certain cases. Without prejudice to the provisions of any other law for the time being in force, any loss caused to the beneficial owner due to the negligence of the depository or the participant, the depository shall indemnify such beneficial owner. (2) Where the loss due to the negligence of the participant under sub-section (1) is indemnified by the depository, the depository shall have the right to recover the same from such participant.
As of 2024, which company became the first in the gem and jewellery sector in India to be granted Authorised Economic Operator (AEO) status?
What is the full form of IFSC in the context of GIFT City?
Which organization has been designated as the Nodal Agency for issuing guarantee cover under the Credit Enhancement Guarantee Scheme for Scheduled Caste...
Who can be the participants in the Call Money Market
1. Scheduled Commercial Banks (excl Local Area Banks)
2. Small Finance Ba...
In India, day count convention for Money Market is different from day count convention for Bond Market. The day count convention for Money market is _...
Which of the following risk can reduce the value of a bond or other fixed rate investments?
The cost of capital for a firm _______.
What is the meaning of the term 'taper tantrum' used in monetary policy discussions?
What is a key aspect of ethical decision-making?
Which of the following is an example of a risk avoidance technique?