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      Question

      The process of converting securities (like shares) from

      physical form to electronic form is managed by a:
      A Stock Exchange Correct Answer Incorrect Answer
      B Clearing Corporation Correct Answer Incorrect Answer
      C Depository Correct Answer Incorrect Answer
      D Registrar and Transfer Agent Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      A depository (e.g., NSDL, CDSL in India) holds securities in dematerialized (demat) electronic form, enabling easy and safe transfer and settlement.

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