Question:medium
In the _________, a securities account can be opened, all shares can be deposited in it and sold/withdrawn anytime. Choose the correct option:
In the _________, a securities account can be opened, all shares can be deposited in it and sold/withdrawn anytime. Choose the correct option:
Show Hint
A Depository holds securities in electronic form just like a bank holds money.
Updated On: Jan 13, 2026
- Primary market
- Stock exchange
- Bank
- Depository
Show Solution
The Correct Option is D
Solution and Explanation
A Depository functions as a financial institution for securities, enabling investors to establish demat accounts for electronic share ownership. It facilitates effortless trading of securities.
Final Answer: (D) Depository
Final Answer: (D) Depository
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