Why is the function of DEMAT account facility provided by banks?
A. To deposit money for long period i.e. 5-10 years
B. To store, purchase and sell shares, debentures and bonds in electronic form
C. To provide finance to small businesses
D. To transfer money from one account to other account
Answer:B
Why is the function of DEMAT account facility provided by banks?
A. To deposit money for long period i.e. 5-10 years B. To store, purchase and sell shares, debentures and bonds in electronic form C. To provide finance to small businesses D. To transfer money from one account to other account