BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which of the following accounts, shares and securities are held in dematerialized form?
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Salary account
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Current account
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Demat account
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Savings account
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Explanation:
Detailed explanation-1: -The process by which the physical share certificates of a company are converted to an electronic form is what is commonly known as the dematerialization of shares. These dematerialized shares are then held in an online Demat account that you open with a depository .
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