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Why is the function of DEMAT account facility provided by banks?
Economics
Banking and Monetary Policy
Question
Updated
19 Aug 2026
Why is the function of DEMAT account facility provided by banks?
A
Choose Your Answer
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
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