BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Shares of companies notified by SEBI can be traded only when these are in____form
A
physical
B
dematerialised
C
Either A and B
D
centralised
Explanation: 

Detailed explanation-1: -What is dematerialisation? Dematerialisation is the process by which physical certificates of an investor are converted to an equivalent number of securities in electronic form and credited into the BO’s account with his DP.

Detailed explanation-2: -What is meant by Dematerialization of Securities? Under dematerialization of securities, physical certificates of securities are converted into an electronic form in an equivalent number of securities of the investor.

Detailed explanation-3: -Yes, as a personal company that may be a subsidiary of a public company are going to be considered a deemed unlisted public company and so it’s required to convert its shares into Demat.

There is 1 question to complete.