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Introduction to Financial Markets (405) — CBSE Class 10 board question

Q1. [2] § Do dematerialised shares have distinctive numbers?
Describe the process of dematerializing of shares.
Previously asked in CBSE board exam
2023 92 Q13
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

To dematerialise physical securities, the investor must fill a Demat Request Form (DRF), available with the Depository Participant (DP), and submit it along with the physical share certificates. A separate DRF is required for each ISIN number. The shares are then converted into electronic form and held in a demat account through depositories like NSDL or CDSL.

Source: Chapter 6

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Explanation
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