CUET Preparation Today
Which of the following statement is FALSE? |
These days sale and purchase of securities is carried out online. A depository keeps Securities in Electronic Form. An investor requires only a Bank account to trade in securities A broker must be registered with SEBI |
An investor requires only a Bank account to trade in securities |
The correct answer is option (3)- An investor requires only a Bank account to trade in securities. An investor requires only a Bank account to trade in securities is false as a bank account is important for financial transactions, trading in securities requires an investor to have a Demat account. A Demat account is used to hold securities in electronic form, and it is necessary for buying and selling securities in the stock market. |
