Depository Module

Why should one take this course?

  • To understand the rationale for a depository.
  • To know about the services provided by a depository.
  • To understand the processes involved in a depository’s functioning.
  • To understand the NSDL application software.

Who will benefit from this course?

  • Staff of the Depository Participants
  • Students / Teachers
  • Bank Employees
  • Investors
  • Candidates seeking to make a career in depository operations
  • Anyone interested in gaining knowledge about the depository participants operations.

Test details

Duration : 75 minutes
No. of questions : 60
Maximum marks : 100, Passing marks : 60 (60%); There is negative marking for incorrect answers.
Candidates securing 80% or more marks in NSDL-Depository operations module only will be certified as ‘TRAINERS’.
Certificate Validity : For successful candidates, certificates are valid for 5 years from the test date.

NSE's Examination Fees

Rs. 1,500/- (Rupees One Thousand Five Hundred only).

COURSE OUTLINE

AN OVERVIEW OF THE CAPITAL MARKET
Overview of relevant laws and regulations; the primary and the secondary market and the capital market intermediaries.

TRADING MEMBERSHIP
Organizational structure of NSDL, Features of the depository system, Legal framework; Bye-Laws & business rules of NSDL, NSDL system & connectivity.

TRADING
The different business partners of NSDL, Joining procedure/steps, services; Records and reconciliation, rights & obligations; NSDL application software, the hardware requirements of business partners, the service standards, Benefits & safety.

CLEARING, SETTLEMENT AND RISK MANAGEMENT
Account opening of beneficiaries; Clearing members and intermediaries; Transmission & nomination; Dematerialization and rematerialization; Trading & settlement; Off-market transfers; Pay-in and pay-out procedures; Settlement of trades and precautions; Internet initiatives by NSDL.

LEGAL FRAMEWORK
Pledging/ Hypothecation; Securities Lending & Borrowing; Corporate actions; Public issues; Debt instruments and G-Securities; NSC/KVP in Demat form; MAPIN and TIN.