IGNOU MS 46 2017 - Explain the existing Depository System in India? Point out the short c

Question

Explain the existing Depository System in India? Point out the short comings of this system and also give your suggestions, if any, to improve it.

06 Feb 2018

Answer :

Word Count : 717

After the 1990s, the various reforms undertaken by the Indian government, has influenced the capital market also. The Stock exchanges in India, have introduced online trading. For this purpose, dematerialization of securities has been undertaken. The Depository system in India has removed all the evils which were in the previous system that consisted of bad deliveries, loss of securities in transit, forgery and mutilation of share certificates.

With the modernization of Indian capital market, the transactions have increased in number. In order to introduce the Depository system in India, the Indian government passed the Depository Act 1996 and that has enabled the Bombay Stock Exchange (BSE.) and National Stock Exchange (NSE) to set up their Depositories. The NSE has set up NSDL known as National Securities Depository Ltd in 1996. The NSE was helped by IDBI and UTI in the promotion of NSDL.

How depository system in India Improved:

All the functions of depositories are undertaken by NSDL with the help of electronic network. The magnitude of transactions of NSDL could be judged by the volume of transactions undertaken by NSE which has gone up multifold. This is no mean an

_______ _______ _________ __________ ________ _________ _____ ___.
______ ______ _______ ______ ________ ________ __________ ___ __________ ____.
_____ ______ _____ ____ _______ _____ ______ ______ ______ ________ ______ _____.
__________ __________ _________ _______ __________.
____ ___ ________ ________ __________ __________ _____.
________ _________ _______ _________ _____ ___ ____ ______ ______.
________ ________ _____ _______ __________ _________ ______ ____ _____ ___.
_________ ________ ___ _______ _______ __________ ___.
__________ ________ _________ _____ __________ _________.
_______ __________ ________ ____ _____ __________ ___ _______ _______.
_________ _______ _______ _____ _________ _______.
___ ___ ______ __________ ______ ______ _________.
___ _____ __________ ________ _________ ________ _________ ________ _____.
_______ ___ _____ ______ _____ ________ _________ _________ _____.
______ ______ ________ __________ ___ _________ _______ ___.
___ __________ ___ ___ _____ ____ ____.
__________ __________ ___ ___ _________ ____ ___ ______ ____ __________.
_________ _____ _______ __________ ________ _____ __________ ____ _________ ________.
__________ ___ _________ ____ _____ _________ _______ _________ ______ ________.
____ ____ ______ _________ ________ ______.
___ ________ ___ ________ ___ ____ ________ ________ _________ ________ _____.
________ ____ __________ ____ ___ _____ _________ _______ ________ ______ ___ ____.
_________ ____ ________ ______ ______ ____ __________ _____ _______ __________.
______ _____ ______ ________ ___ ________ _____ ___ __________ _____ ______ __________.
_____ ___ ________ ________ ____ ____ ______ ______ ____ ________ ___ __________.
_____ ____ ______ ______ __________ _____.
____ _____ _______ _____ ____ _____ ________ ________ ___ _____ __________.
______ _________ _______ ___ ________ _________ __________ _______ ____ _____.
____ _______ ______ __________ ____.
________ ______ _________ _________ ____ ___ ________ _______ _________.
______ ___ _______ ______ _________ __________.
_______ __________ ____ _____ __________ ___ ____ _____.
_____ ___ _______ ______ _____ ____ ___ _______ __________ _____.
________ ____ ______ _____ ____.
___ ____ ________ _________ __________ _______ ___.
____ _______ ________ ______ ___ ______ _____ ___ _______ ______ ______.
__________ ________ _____ _________ ____ ___ _________ ____ ____ __________ _____ ____.
___ ________ ______ ___ _________ ____ _______.
__________ ______ _____ _________ _____ ______ _______ _____ _______ ____.
__________ _____ ________ ____ ________ _____.
______ _____ ________ ______ __________ _________ _______ ____ ______ ______.
_________ ____ ______ ______ __________ _____ _________ _______ ___.
________ ____ ________ _____ _________ ______ ________ ___ ___ __________.
______ __________ __________ ______ _____ _________ ____ ________ ____ __________ ________ __________.
_____ ____ ___ ___ _______ ________ ___ ______.
__________ _____ ________ _____ _________ __________ _________ ____ ____ ____.
_________ ____ __________ ____ ________ __________ _____ __________ ____.
____ _____ ___ ______ _______ _____ _________ ___.
_______ _______ _____ ______ __________ ________ ________ ____ _________ __________.
___ ___ ____ ____ __________ ______ ___.
_______ ___ ______ _________ ____.
_____ ___ ____ _____ ____ _________.
_____ ____ ______ ___ _____ __________ __________ ________ _____ _____ ________ ______.
___ __________ ___ _________ ___ _________ _________.
_________ _________ _________ ____ __________ __________.
_______ _________ __________ _______ __________ ____.
____ ______ __________ ________ _____ _____.
_____ ______ ____ ________ ______ ___ _________ ________ ________ ________ _________.
__________ _____ ______ _____ ____ ________ ____ __________ _________ ___.
___ ______.

IGNOU ACADEMY

Your IGNOU journey, made easier.

Solved Assignments
Study Notes
Guess Papers
Question Papers

Call Us WhatsApp

STUDY • PREPARE • SUCCEED

Skip in 10

IGNOU Solved Assignments Assignments Ignou Projects Project Previous Year Solved Exam Papers Notes Notes Sample Question Papers Sample Question Papers