As per the newspaper reports some economically developed states only hold about 60% of the total ‘Demat Accounts’ in India. A Demat Account is -

A

an account which is opened by the people of the lower income groups of society.

B

an account in which trading of the shares is done.

C

an account which can be opened only by minors.

D

an account which can be operated by big corporate houses and are mainly business accounts like current accounts

E

None of these