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What does an investor submit when opening a demat account with a DP?

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Question

What does an investor submit when opening a demat account with a DP?

Options

  • A credit rating symbol along with mutual fund units

  • The Dematerialisation Request Form (DRF) along with share certificates

  • A takeover bid along with a transaction statement

  • A code of conduct along with a prospectus

MCQ
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Solution

The investor opens a demat account with a DP and submits the Dematerialisation Request Form (DRF) with share certificates. This begins the demat account process described.

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