Banking General Awareness Banking Regulation System of India Question Bank Previous Years Questions - Credit Functions of Banks

  • question_answer
    Which of the following types of accounts are known as 'Demat Accounts'?  [IBPS 2011]

    A)  Accounts which are Zero Balance Accounts

    B)  Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there.

    C)  Accounts in which shares of various companies are traded in electronic form

    D)  Accounts which are operated through internet banking facility

    E)  None to these

    Correct Answer: C


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