Question
______ is the process by which physical certificates an investor are converted to an equivalent number of securities in electronic format and credited in the investor's account with a Depository held through a Depository Participant(DP).
______ is the process by which physical certificates an investor are converted to an equivalent number of securities in electronic format and credited in the investor's account with a Depository held through a Depository Participant(DP).
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Solution
The correct option is B Dematerialization
Dematerialization is
the process by which physical certificates an investor are converted to
an equivalent number of securities in electronic format and credited in
the investor's account with a Depository held through a Depository
Participant(DP). In simple words, dematerialization refers to the conversion of physical form of share to electronic form.
Dematerialization is the process by which physical certificates an investor are converted to an equivalent number of securities in electronic format and credited in the investor's account with a Depository held through a Depository Participant(DP). In simple words, dematerialization refers to the conversion of physical form of share to electronic form.
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