Question

________________ is an account to hold financial securities in electronic form.

A Savings Account Correct Answer Incorrect Answer
B Glit Account Correct Answer Incorrect Answer
C Demat Account Correct Answer Incorrect Answer
D SEBI account Correct Answer Incorrect Answer

Solution

A demat account is an account to hold financial securities in electronic form. In India, demat accounts are maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited.

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