Beneficial owner account with a depository participant for holding and transfer of securities is also known as _____.
Beneficial owner account with a depository participant for holding and transfer of securities is also known as _____.
Solution
✅ Correct Option: 2
A Demat (dematerialised) account is a beneficial owner account maintained with a Depository Participant, used for holding securities in electronic form and for transferring them. It is mandatory for trading on recognised stock exchanges in India.
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