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The Securities and Exchange Board of India (SEBI) has introduced a new type of Demat Account called “Basic Services De-mat Account (BSDA). Which of the following is one of its features?
Individuals are eligible to have multiple BSDA account across all depositories
Investors will receive transaction statement on annual base
Investors can avail at least two delivery instruction slip during account opening
Investors can avail SMS alert facility for credit transactions
If investors account have zero balance and no transactions during the year then will receive no annual statement
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