Which of the following has helped to eliminate the use of stock certificates by placing stock transactions on computers?

A Demat account
B Securities Exchange Commission
C Depository Trust Company
D Federal Depository Insurance Corporation.

Correct Answer: Demat account

Demat account has helped to eliminate the use of stock certificates by placing stock transactions on computers. Demat Account is an account that is used to hold shares and securities in electronic format. The full form of Demat account is a dematerialised account.
Bissoy MCQ
#Commerce #Financial Management

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