Question

What does dematerialization in the context of securities refer to?

a.

Converting securities into physical certificates

b.

Substituting paper-form securities with book-entry securities

c.

Merging multiple securities into one

d.

Issuing securities to the public

Answer: (b).Substituting paper-form securities with book-entry securities Explanation:Dematerialization involves substituting paper-form securities with book-entry securities.

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Q. What does dematerialization in the context of securities refer to?

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