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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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