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Useful QUIZ for any Gujarat Government recruitment such as Non-Secretariat Clerk, Constable, PSI, ASI, Head Clerk, Senior Clerk, gpsc, and any other recruitment that comes absolutely FREE on this website is placed here. .
instructions : -
๐ Total number of questions : 10
๐ Total number of marks : 10
๐ Time allotted : 10 minutes
๐ Test Language : Gujarati
๐ Each question carries 1 mark no negative marks
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A demat account (short for "dematerialized account") is an account to hold financial securities (equity or debt) in electronic form. In India, demat accounts are maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited. A depository participant, such as a bank, acts as an intermediary between the investor and the depository.
The demat account number is quoted for all transactions to enable electronic settlements of trades to take place. Access to the dematerialized account requires an internet password and a transaction password. Transfers or purchases of securities can then be initiated. Purchases and sales of securities on the dematerialized account are automatically made once transactions are confirmed and completed.