What is the full form of De-Mat Account?

Soosai

Quiz
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Life Skills
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Professional Development
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Medium

Lawrence Amirtharaj
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
De-Materialization Account
Departmental Account
Departure Materialization Account
Distribution Earning Account
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of having a DeMat Account?
Status
All bank account should be assisted with a demat account mandatorily
To avail all government subsidies, one should hold a demat account
To hold all shares, securities and certain investments in electronic format
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Earlier we used to have physical share certificates? What are the disadvantages..
Can be missed and prone to damaged
Time consuming activity
Not life long
All of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can a NRI open a demat account in India
Yes
No
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a depository participant (DP)
A registered entity which collects fixed deposits
A registered entity, which acts as an intermediatory between the investor and the stock exchange
An entity authorized by RBI
None of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why an active bank account should be linked with the demat account?
For safety purpose
To transfer fund for buying and for settlement of sales
Advantage for Bank
Not necessary
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the products which can be hold in electronic format in a demat account
Stocks / MF
Bonds
Insurance
Fixed Deposits
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