📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      To start investing in the Indian stock market, which of

      the following financial accounts is mandatory?
      A Savings bank account Correct Answer Incorrect Answer
      B Trading account Correct Answer Incorrect Answer
      C Demat account Correct Answer Incorrect Answer
      D Both (b) and (c) Correct Answer Incorrect Answer
      E All (a), (b), and (c) Correct Answer Incorrect Answer

      Solution

      A Trading account is used to buy/sell securities, and a Demat account holds shares electronically. Savings account is not mandatory for stock trading but is needed for fund settlement.

      Practice Next
      ask-question