Procedure for online trading involve(s) which of the following step(s)?
Procedure for online trading involve(s) which of the following step(s)?
I. Make an application to open a Demat Account and Online Trading Account.
II. Allocate funds from the bank account to the trading account.
III. Once the order is confirmed, it is placed in the stock exchange through the online trading system.
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Correct answer: (C) I, II and III
Explanation
Online trading involves all three steps: open a demat and online trading account, move funds from the bank account to the trading account, and place the confirmed order on the stock exchange through the online system.