The process of holding securities in an electronic form is known by a specific term. Identify the term.
The process of holding securities in an electronic form is known by a specific term. Identify the term.
Solution
✅ Correct Option: 1
Dematerialisation is the process of converting physical share certificates into an electronic form, held in a demat account. This eliminates paperwork and facilitates easy transfer of securities. Hence, the correct answer is Dematerialisation.
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