Question
When was the Depositories Act
enacted?Solution
The Depositories Act, 1996, was enacted on August 10, 1996, to establish a framework for the electronic maintenance and transfer of securities in a dematerialized form. The Act aimed to eliminate the challenges associated with physical securities, such as forgery, theft, and cumbersome transfer processes. It also laid the foundation for the establishment of depositories in India, such as the National Securities Depository Limited and the Central Depository Services Limited, ensuring efficiency, transparency, and security in the Indian securities market.
- A jar contains a mix of ink and water with a total volume of 180 liters in the ratio 4:2. If 36 liters of water and 24 liters of ink are poured into it, th...
A vessel holds ‘4x’ litres of milk and ‘3y’ litres of water. When 25 litres of water is poured into it, the milk to water ratio becomes 8:7. How...
In a mixture, the quantity of alcohol is 50% of the quantity of water. On removing 100 litres mixture and adding 50 litres each of alcohol and water, th...
150 litres of Mixture ‘A’ (water + alcohol) contains 32% water and remaining alcohol while 112 litres of mixture ‘B’ (milk + water) contains 20 ...
Two blends of a commodity costing Rs. 70 and Rs. 80 per kg respectively are mixed in the ratio of 2:3 by weight. If one-fifth of the mixture is sold at ...
A container contains 40 liters of a mixture of milk and water in the ratio 3:1. How much water should be added to make the ratio 3:2?
A mixture with a total volume of 150 liters consists of milk and water in a ratio of 2:3. If an additional 120 liters of pure milk is added to this mixt...
When 15 litres of water is added to a mixture of milk and water, the ratio of quantity of milk and water becomes 3:4. Instead, if 10 litres of water had...
Mixture 'A' consists of milk and water in a ratio of 7:8, while mixture 'B' contains milk and water in a ratio of 3:2. When these two mixtures are combi...
Mixture 'A' contains milk and water in the ratio of 5:9, respectively, while Mixture 'B' consists of water and milk in the ratio of 11:14, respectively...