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Question

Demat account is opened with ________________.

A
commercial Banks
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B
Reserve Bank of India
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C
depository participants
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D
stock exchanges
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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.

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