What is Demat Account? what is the use of it?
Answer Posted / vidyadhar
Demat account is like an bank account, but in bank account
we keep, Fund for security and in Demat account we keep
shares for security.It is mandatory for Equity market.Even
though it is not mandatory for commodity market, but having
an Demat account for the investors is very good for their
securitys of shares.
Is This Answer Correct ? | 17 Yes | 2 No |
Post New Answer View All Answers
What Is Financial Management System?
Why do you want to join in SEBI?
What do you mean by private equity transaction?
What is the difference between Direct and Indirect Taxes?Give examples?
How Much Does It Cost To File Bankruptcy?
how to invest in mutual fund? what is bita & how it is calculated?
What is the procedure in constitution to merge a place into another state?
What is 'asset duty'?
What is the Bank of England base rate/Fed funds rate as of this morning?
What are the reasons behind high NPAs in PSU banks?
What is debtors turnover ratio?
What are the different business cycles?
What are the various departments of RBI?
Can Share Holders Transfer Their Shares of Joint Stock Company?
What is non-performing assets (npa)?