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    Question

    What is a “Demat Account”?

    A Account in which all debits are freeze Correct Answer Incorrect Answer
    B Accounts those hold digital wallets Correct Answer Incorrect Answer
    C Accounts in which shares and securities are held in electronic form Correct Answer Incorrect Answer
    D Zero balance accounts opened under PMJDY Correct Answer Incorrect Answer
    E Accounts opened exclusively for internet banking Correct Answer Incorrect Answer

    Solution

    Shares and securities are held electronically in a dematerialized (or "Demat") account, instead of the investor taking physical possession of certificates.

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