Question
In order to pledge or hypothecate securities held in a
depository, prior approval of hellip;hellip;hellip;. Is compulsorily required?Solution
Section 12 of the Depositories Act - Pledge or hypothecation of securities held in a depository mdash; (1) Subject to such regulations and bye-laws, as may be made in this behalf, a beneficial owner may with the previous approval of the depository create a pledge or hypothecation in respect of a security owned by him through a depository. (2) Every beneficial owner shall give intimation of such pledge or hypothecation to the depository and such depository shall thereupon make entries in its records accordingly. (3) Any entry in the records of a depository under sub-section (2) shall be evidence of a pledge or hypothecation.
In the following question the relationship between different elements is given in the statements followed by three conclusions I, II and III. Read the ...
Which of the following expressions will be true if the expression P > Q = R < S = T ≤ U = V is definitely true?
Statements: M % C & G @ T $ D; W % M # P
Conclusions :Â Â Â Â Â I. D % CÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. M % GÂ Â Â Â Â Â Â Â Â Â Â Â Â I...
Which of the following symbols should replace the question marks (?) in the given expression in order to make the expression ‘N ≤ Q’ definitely t...
Statements: U = G ≥ T, M < J < H = T, M = A > L
Conclusions:
I. U > M
II. G ≥ A
III. L < T
Statements: I < G = Z = X ≤ A ≤ R < N > D = V
Conclusions:
I. I > D
II. R ≥ G
III. X < V
Statements: S = T, U < L, V ≥ S, T ≤ U
Conclusion:
I. T ≤ V
II. L > T
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statements: P = J = W; W ≥ Y < Q; Q < Z = L
Conclusions:
I. W ≥ Z
II. W < Z
In the given question, assuming the given statements to be true, find which of the conclusions I and II given below the statements is/are definitely tr...