MCQ
What is meant by Demat Account?
  • A
    Demand Depository Account
  • B
    Depository Participant Account
  • Dematerialisation of of Securities
  • D
    Development Market Account

Answer

Correct option: C.
Dematerialisation of of Securities
(c) Dematerialisation of of Securities
Explanation: In India, shares and securities are held electronically in a dematerialized (Demat) account, instead of the investor taking physical possession of certificates. A Demat account is opened by the investor while registering with an investment broker (or sub-broker).

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