Question

    Which account is opened by the investor while

    registering with an investment broker?
    A Fixed Deposit Account Correct Answer Incorrect Answer
    B Savings Bank Account Correct Answer Incorrect Answer
    C BSBDA Correct Answer Incorrect Answer
    D DEMAT Account Correct Answer Incorrect Answer
    E None of the given options is true Correct Answer Incorrect Answer

    Solution

    DEMAT or De-materialized Account refers to a deposit made at an Indian financial institution that can be used for investing in shares of stocks and other financial assets. Securities are held electronically in a DEMAT Account, thereby eliminating the need for physical paper certificates.

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