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Question
Investors are expected to open _________ account with depository participants and deposit their share certificates for the purpose of converting them to the electronic format.
Investors are expected to open _________ account with depository participants and deposit their share certificates for the purpose of converting them to the electronic format.
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Solution
The correct option is B demat
Investors
are expected to open demat account with depository participants and
deposit their share certificates for the purpose of converting them to
the electronic format. Demterialized account is known as demat account. It helps to covert physical form of shares to electronic form.
Investors are expected to open demat account with depository participants and deposit their share certificates for the purpose of converting them to the electronic format. Demterialized account is known as demat account. It helps to covert physical form of shares to electronic form.
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