n NISM Certifications
X NISM Series X
Medium

Whose name is included in the Register of Members when a share is dematerialized?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The investor

  2. The Depository

    Correct answer

  3. C

    The Stock Broker

  4. D

    The Depository Participant

Why this is the answer

Dematerialized shares are registered in the depository’s name.

Test yourself for real

Take a full NISM Series X mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.