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Question 24 of 38

Q.Trading in dematerialized shares commenced on the NSE in the year ______.

(a) 1997
(b) 1995
(c) 1998
(d) 1996
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2023MCQ· 1mImportance★★★★★
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The correct answer is (d) 1996, the year in which trading in dematerialised shares commenced on the NSE.

As explained in the TN HSC Commerce chapter on the Stock Exchange, dematerialisation converts physical share certificates into electronic form held in a demat account. With the establishment of the depository system, electronic trading of shares started on the National Stock Exchange.

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