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  9. Q115

IBPS PO 2011 · Question 115 of 237

Which of the following types of accounts are known as ‘Demat Accounts’?

  1. AAccounts which are Zero Balance Accounts
  2. BAccounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there.
  3. CAccounts in which shares of various companies are traded in electronic formCorrect
  4. DAccounts which are operated through internet banking facilty
  5. ENone of these

Answer: C. Accounts in which shares of various companies are traded in electronic form

Official answer key verified. Detailed explanation coming soon.

Source: IBPS Common Written Exam PO/MT September 2011 (exampapers247 PDF compilation) · reliable-secondary

← Q114View full paper (237 questions)Q116 →

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