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      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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