IBPSGUIDE- THE HINDU ANALYSIS · is a private or unregistered trust then a demat account shall be...
19
IBPSGUIDE- THE HINDU ANALYSIS Interrogative version (June 28 th 2018) WHEN ?? WHAT ?? WHY ?? WHOSE ?? WHERE?? HOW ?? WHICH ?? WHO ?? www.ibpsguide.com
Transcript of IBPSGUIDE- THE HINDU ANALYSIS · is a private or unregistered trust then a demat account shall be...
IBPSGUIDE- THE HINDU ANALYSISInterrogative version (June 28th 2018)
WHEN ??
WHAT ??
WHY ??
WHOSE ??WHERE??
HOW ??
WHICH ??
WHO ??
www.ibpsguide.com
-NIL-
NATIONAL
•Centre may scrap UGC, proposes new regulator.
•Cabinet okays ₹2,000-cr. capital infusion for export
guarantor across FY2017-20
•Jinson Johnson breaks Sriram Singh’s 42-year
record
-Depository System
INTERNATIONAL
STATE BUSINESS
SPORTS
BANKING TERM
www.ibpsguide.com
•PM to inaugurate ‘KabirMahotsav’ in U.P. today•Trouble brewing in Bihar
alliance
www.ibpsguide.comhttps://estore.ibpsguide.com
www.ibpsguide.com
www.ibpsguide.comhttps://estore.ibpsguide.com
www.ibpsguide.com
Prime Minister Narendra Modi will inaugurate the two-day ‘KabirMahotsav’, organised by the Union Ministry of Culture, at Magharin Uttar Pradesh’s Sant Kabir Nagar district to mark the 500th death anniversary of mystic poet and saint Kabir Das.
What about Kabir Mahotsav?
www.ibpsguide.comhttps://estore.ibpsguide.com
www.ibpsguide.com
Buy Our Year Pack
Access our 850+ Mocks & 100+ EBooks @ estore.ibpsguide.com
www.ibpsguide.comhttps://estore.ibpsguide.com
www.ibpsguide.com
The Cabinet Committee on Economic Affairs on Wednesday approved a capital infusion of Rs.2,000 crore into the Export Credit Guarantee Corporation (ECGC) to be infused over the three financial years 2017-20.The break-up of the infusion would be Rs.50 crore in 2017-18, Rs.1,450 crore in 2018-19, and Rs.500 crore in 2019-20.
How much amount did cabinet approves on yearly basis?
www.ibpsguide.comhttps://estore.ibpsguide.com
www.ibpsguide.com
Two-time Asian championship medallist Jinson Johnson gave a commanding performance to break Sriram Singh’s four-decade-
old National record in style and clinch the men’s 800m title in the National inter-State athletics championships
To which sports Jinson Johnson related
First an investor has to approach a DP and fill up an account opening form. The account opening form must be supported by copies of any one of the approved documents which serve as proof of identity and proof of address as specified by SEBI. Apart from these PAN card has to be shown in original at the time of account opening from April 01, 2006.
All applicants should carry original documents for verification by an authorized official of the DP, under his signature.
Investor has to sign an agreement with DP in a depository prescribed standard format, which gives details of rights and duties of investor and DP. DP should provide the investor with a copy of the agreement and schedule of charges for their future reference. The DP will open the account in the system and give a unique account number, which is also called BO ID (Beneficial Owner Identification number) and used for all future transactions.
How can one open an account?
No. A demat account cannot be opened directly with depository. It has to be opened only though a DP of depository.
Can a demat account be opened directly with Depository?
Yes. A demat account can be a opened in a single name or in joint holders’name. There can be maximum three account holders i.e. one main holder and two joint holders.
Can a demat account be opened in the name of Joint Holders?
Yes. Demat account can be opened in the name of a minor. The account will be operated by a guardian till the minor becomes major. Guardian has to be the father or in his absence mother. In absence of both, father or mother, the guardian can be appointed by court.
Can a Demat account be opened for a minor?
Yes. A demat account can be opened in the name of a trust if the trust is registered under the Public Trust Act 1860 / Societies Registration Act / Bombay Public Trust Act / Public Trust Act in force in the state. If the trust is a private or unregistered trust then a demat account shall be opened in the name of trustees as an individual account. If the trust has more than three trustees, then they will have to decide in whose name the demat account will be opened.
Can a demat account be opened in the name of a trust?
No. In the case of HUF, shares can be held in the name of existing Karta onbehalf of HUF.
Can a demat account be opened in the name of HUF ?
No permission is required from RBI to open a demat account. However, credits and debits from demat account may require general or specific permissions as the case may be, from designated authorized dealers.
Does an Non Resident Indian (NRI) need any Reserve Bank of India (RBI)permission to open a demat account?
To Gear up your Banking Preparation visit – www.ibpsguide.com
Follow us on
Facebook Google+ Twitter YouTube
