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Question

To eliminate the problems of theft, forgery, transfer delays, etc, an electronic book-entry form of holding and transferring securities has been introduced. This is known as ___ of securities.


A

Dematerialisation

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B

Depository

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C

Settlement

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D

Clearing

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Solution

The correct option is A

Dematerialisation


To eliminate the problems of theft, forgery, transfer delays, etc, an electronic book-entry form of holding and transferring securities has been introduced. This is known as dematerialisation of securities.


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