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Demated shares are ______. - Secretarial Practice

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Question

Demated shares are ______.

Options

  • Non-transferable

  • Fungible

  • Bearer

MCQ
Fill in the Blanks
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Solution

Demated shares are fungible.

Explanation:

Demated (dematerialised) shares are fungible, meaning they are interchangeable and identical in value. One demat share is the same as another of the same company, making them easily tradable without distinction.

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Concepts/Terms Related to Depository System
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Chapter 9: Depository System - Exercises [Page 138]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 9 Depository System
Exercises | Q 1 A) 11. | Page 138

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