Multiple choice

An account in which trading of shares in their electronic form is done is known as _____

  1. Demat Account

  2. NRI Account

  3. NRIO Account

  4. Current Account

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A Demat (Dematerialized) Account is used to hold shares and securities in electronic form. It eliminates the need for physical share certificates and enables electronic trading.