What is Demat Account? what is the use of it?

Answer Posted / satish

demat is meant for dematerised account where the trading of
shares taken place in electronical manner.
I found more information at

http://theindianstockbrokers.com/what-is-a-demat-account-and-how-to-open-it/

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In how many parts 'non-tax revenue' is divided?

639


What is GAAR?

668


What is cash misappropriation?

619


What do you know about E- Commerce? Name a few companies that deal in it.

625


What is CRR and SLR?

630






What should I do if I do not have all the documents?

565


what is the Casualty Actuarial Society?

651


what is the role of Actuarial Analyst in the insurance company?

609


What is indemnity?

618


What is the key difference between private sector banks and the government sector banks?

613


How successful is the Reliance Jio in providing free Telecom services?

661


Give some examples of RRBs.

652


What are 'non- performing assets' (npa)?

651


What are 'capital receipts'?

706


What is 'fixed deposit account'?

634