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_______________ is a mandatory document for opening DEMAT account.

Solution

✅ Correct Option: 2

SEBI has made the PAN (Permanent Account Number) the sole mandatory identification document for opening a Demat account, as it uniquely links the investor to all securities transactions for tax and regulatory tracking. Aadhaar, driving licence and voter ID may serve as address or identity proofs, but only PAN is compulsory.

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