CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Demat account is opened with ________________.

A
commercial Banks
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Reserve Bank of India
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
depository participants
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
stock exchanges
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C depository participants
1.Depository Participants hold the Demat account of individuals who want to invest in securities.
2.Commercial banks help in the process by opening a savings account for the purpose of investing.
3.RBI regulates the banks.
4.Stock exchange is the place where shares are traded online.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Trading and Settlement
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon