Question:medium
The purpose of opening a Demat Account with a Depository Participant (DP) is :
The purpose of opening a Demat Account with a Depository Participant (DP) is :
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Remember: A "Demat" account is for shares, while a "Trading" account is used to actually place the buy/sell orders with the broker.
Updated On: Mar 29, 2026
- For holding and transferring securities in the Demat form
- For entering into an agreement with broker
- For making payment to stock exchange for any purchase of securities
- For enabling cash transactions in the securities market
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The Correct Option is A
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