Who will indemnify the beneficial owner in case of negligence caused by the depository or participant?
Section 16 of Depositories Act Depositories to indemnify loss in certain cases—(1) 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.
Which bank intends to launch two new variants of current accounts, one with a balance of ₹50,000 and another with a balance of ₹50 lakh & also plans...
Financial leverage means
What is the provisioning requirement for a standard asset for fund based facilities of Farm Credit to agricultural activities, individual housing loans ...
What will be the bond’s duration if the price of the bond fell by 5% as a result of 0.4% rise in the market yield?
According to the Union Budget 2023-24, consider the following statements.Â
1. ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomesâ€...
Which of the following models can be used to calculate the value of call and put option?
Which of the following statements about the primary market is/are correct?
1)The primary market is where new securities are issued and sold for t...
For more than three years (unsecured) doubtful advances, provision will be made for
What doe ‘I’ in ICAAP stand for?
Which of the following is not a major gold trading center?
