Question

Demat Account means

• A. dematerialised account
• B. demarcated account
• C. direct investment account
• D. digitized financial account

Answer 1

Answer:

A. dematerialised account

Demat Account:

• Demat Account means dematerialised account 

• Demat Account is used for dealing Shares

• CASA: Current Account And Savings Account

• These are demand liabilities

• The bank have to maintain 100%. of SLR for maintaining liquidity as per the provisions of RBI.

• The profitability of Banks depends up on the volume of CASA Deposits 

• These are Low Cost Deposits