What is the common name for Beneficiary | Class 12 Business Studies Chapter Financial Markets, Financial Markets NCERT Solutions

Question:

What is the common name for Beneficiary Owner Account, which is to be opened by the investors for trading in securities?

Answer:

The common name for beneficiary account is ‘Demat Account’. A beneficiary owner is an owner who enjoys the benefits of ownership even though the property is titled with the name of someone else. In also means that, any individual or groups of individuals who has the power to vote or influence the transaction decision such as company shares either directly or indirectly.


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Welcome to the NCERT Solutions for Class 12 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 4: What is the common name for Beneficiary Owner Account, which is to be opened by the investors for tr....