Which of the following statement is FALSE :

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

The FALSE statement among the options is:

3. An investor requires only a Bank account to trade in securities.

This statement is incorrect because while a bank account is important for financial transactions, trading in securities typically requires an investor to have a Demat account along with a trading 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. So, both a trading account and a Demat account are typically required for trading in securities, in addition to a bank account.

The other statements are true:

1. These days sale and purchase of securities is carried out online, with online trading platforms.

2. A depository keeps securities in electronic form, which is stored in a Demat account.

4. A broker must be registered with SEBI (Securities and Exchange Board of India) to operate as a securities broker in India.