Demat shares are_____ .
Q.1 (A) (4) Demat shares are_____ .
A. non-transferable
B. fungible
C. bearer
Q.1 (A) (4) Demat shares are_____ .
A. non-transferable
B. fungible
C. bearer
Best answer
Answer: B. fungible
Answer: (b) fungible
Shares held in demat form are fungible: they have no distinctive numbers, so all shares of the same class of a company are identical and interchangeable.
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