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Q. |
Which of the following is not true of Demat account? |
A. | one is not restricted to having account with only one dp. |
B. | one does not need to keep any minimum balance of securities in a demat accountwith a dp. |
C. | one cannot open more than one account with the same dp. |
D. | one can dematerialise and hold investments such as debt instruments, mutualfund units, government securities etc. in a single demat account. |
Answer» C. one cannot open more than one account with the same dp. |
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