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Soosai

Authored by Lawrence Amirtharaj

Life Skills

Professional Development

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Soosai
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the full form of De-Mat Account?

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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