Question

Process by which physical certificates of an investor are converted to an equivalent number of securities in an electronic format and credited in the Investors A/c held through depository participant is called __________.

• A. Remat
• B. Demat
• C. both (A) and (B)
• D. only A

Answer 1

Answer: (B)

Demat

Dematerialisation or Demat in short is the process through which an investors physical share certificate gets converted to electronic format which is maintained in an account with the Depository Participant.