📊 Financial Markets
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.
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✅ Correct Answer: (C) one cannot open more than one account with the same dp.

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