Hindu Analysis for IBPS RRB,RBI Grade B, RBI Assistant 2018

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Slide 4
IBPSGUIDE- THE HINDU ANALYSIS Interrogative
version (July 4th 2018)
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• Nipah outbreak from fruit bats, says ICMR

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Name the app launched by the Election Commission
or citizens to share proof of malpractices by
political parties
The Election Commission on Tuesday launched an
Android-based mobile application named cVigil
for citizens to share proof of malpractices by
political parties, their candidates and activists
when the Model Code of Conduct is in force.
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From which type of bats Niapah Virus from?
The Indian Council of Medical Research (ICMR) has
confirmed that fruit bats were the primary source
of the Nipah outbreak in Kozhikode and Malappuram
districts, where 17 people died due to the virus
earlier this year.
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Where did Jharkhand government planted 9L
saplings?
The Rajasthan governments new flagship Annapurna
Milk Scheme for supplying milk thrice in a week
to about 62 lakh children studying in the
State-run schools is set to increase the burden
on teachers, who are already performing a number
of tasks in addition to their main work of
imparting education.
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Depository System Part 6 (Dematerialization)
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Whether different securities issued by the same
issuer will have same ISIN?
No, different securities issued by the same
issuer will have different ISIN code.
Do dematerialised shares have distinctive numbers?
Dematerialised shares do not have any distinctive
numbers. These shares are fungible, which means
that all the holdings of a particular security
will be identical and interchangeable.
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Can an investor change the details of his bank
account?
Yes. However, the investor must inform the DP
regarding change in the bank account and
corresponding change in MICR / IFSC code while
updating their bank account details with DP. In
the depository system monetary benefits on the
security balances are paid as per the bank
account details provided by the investor at the
time of account opening The investor must ensure
that any subsequent changes in bank account
details are informed to the DP.
Is dematerialization of securities compulsory?
According to the Depositories Act, 1996, an
investor has the option to hold securities either
in physical or electronic form. Part of holding
can be in physical form and part in demat form.
However, SEBI has notified that settlement of
market trades in listed securities should take
place only in the demat mode.
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Can electronic holdings be converted back into
physical certificates?
Yes. The process is called rematerialisation. If
one wishes to get back his securities in the
physical form he has to fill in the RRF (Remat
Request Form) and request his DP for
rematerialisation of the balances in his
securities account. The process of
rematerialisation is outlined below Make a
request for rematerialisation. Depository
participant intimates depository regarding the
request through the system. Depository confirms
rematerialisation request to the registrar.
Registrar updates accounts and prints
certificates. Depository updates accounts and
downloads details to depository participant.
Registrar dispatches certificates to investor.
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