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Question
Write a word or a term or a phrase which can substitute the following statement.
This process converts securities into electronic form from physical form.
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Solution
This process converts securities into electronic form from physical form. - Dematerialisation
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Answer in one sentence.
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Correct the underlined word and rewrite the following sentence.
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Arrange in proper order.
- Gets Statement of Accounts
- Open Demat Account
- Submit DRF
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- Investor (BO) submits an application for securities to the issuer company.
- Depository intimates the DP about crediting BO's Account.
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Rematerialization
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ISIN
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ISIN is necessary component of Demat.
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