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Test 5

The document outlines a mock test consisting of 10 questions related to dematerialized (D'mat) accounts and their management. It includes questions about transaction statements, transitory accounts, and the structure of D'mat account numbers. The answers provided indicate a focus on the operational aspects of D'mat accounts within the Central Depository Services Limited (CDSL).

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shriramcorp03
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12 views2 pages

Test 5

The document outlines a mock test consisting of 10 questions related to dematerialized (D'mat) accounts and their management. It includes questions about transaction statements, transitory accounts, and the structure of D'mat account numbers. The answers provided indicate a focus on the operational aspects of D'mat accounts within the Central Depository Services Limited (CDSL).

Uploaded by

shriramcorp03
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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2/19/25, 12:31 PM nismmocktest.

in

nismmocktest.in

Mock Test 5 » Total Questions: 10 Take More Tests

Question 1: attempted

The DP has to provide D'mat transaction statement every ________.


✘ year

✔ month

✘ day

Question 2: attempted

If there is no transaction in the d'mat account, then the transaction statement should be provided at least once in a ________and should be
dispatched directly to the client's address.

✔ year

✘ month

Question 3: attempted

A Transitory account is the account of the clearing member.


✘ False

✔ True

Question 4: attempted

The securities in a Transitory account are held for a commercial purpose only.
✘ False

✔ True

Question 5: attempted

The securities in a Transitory account are not owned by him.

✘ False

✔ True

Question 6: attempted

What are transitory d'mat accounts ?

✘ D'Mat account of Beneficiary

✔ D'Mat account of Clearing Members

✘ D'mat account of NRI's

✘ D'Mat account of Minors

Question 7: attempted

A Demat a/c has _____ digits.

✘ 18

✘ 14

✔ 16

https://nismmocktest.in/test/review/ 1/2
2/19/25, 12:31 PM nismmocktest.in

✘ 12

Question 8: attempted

In CDSL the first 8 digits indicate the

✘ client's ID.

✔ Depositiory Participant

Question 9: attempted

In CDSL the last 8 digits is the

✘ Depositiory Participant

✔ Client's ID

Question 10: attempted

In Central Depository Services Limited (CDSL)


✘ the first 8 digits indicate the Depositiory Participant

✘ the last 8 digits is the Client's ID.

✔ both the above

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