Multiple choice general knowledge

An investor can open a depository account with:

  1. NSDL.

  2. depository participant.

  3. Stock Exchange.

  4. any of the above, at his choice.

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

Investors open demat accounts through depository participants (DPs), who act as intermediaries between investors and the depository (NSDL or CDSL). NSDL is the depository itself, not a direct point of contact for investors. Stock exchanges facilitate trading but do not open demat accounts.