Multiple choice general knowledge

There can be maximum of _______ nominee (s) per Demat account.

  1. 3

  2. 2

  3. 5

  4. 1
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

As per SEBI regulations, only one nominee can be registered per demat account. This simplifies the succession process and avoids disputes. Multiple nominations would complicate benefit distribution.

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