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.
What was the budget allocation for the newly approved 'Mission Mausam' by the Indian government?
Prathama Bank was sponsored by SBI
Global Depositary Receipt (GDR) and American Depositary Receipt (ADR) are traded on exchanges in India
Which state is the largest producer of coconuts in India?
Who emphasized that "foreign medium has turned our children into crammers and imitators and has made our children practically foreigners in their own la...
1.     Recently Government of India introduced electoral bond scheme. Under this scheme, such electoral bonds will be issued only by:
...Total number of bank branches in India is about
Which supercomputer was inaugurated by Prime Minister Narendra Modi in September 2024?
Recently BCCI has lifted ban from a state cricket association. The state is:
Identify the longest national highway in India.
