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2 years ago

History of Stock Exchange in India

Business

1 answer:

fomenos2 years ago

5 0

Answer:

The first organised stock exchange in India was started in 1875 at Bombay and it is stated to be the oldest in Asia. In 1894 the Ahmedabad Stock Exchange was started to facilitate dealings in the shares of textile mills there. The Calcutta stock exchange was started in 1908 to provide a market for shares of plantations and jute mills.

Then the madras stock exchange was started in 1920. At present there are 24 stock exchanges in the country, 21 of them being regional ones with allotted areas. Two others set up in the reform era, viz., the National Stock Exchange (NSE) and Over the Counter Exchange of India (OICEI), have mandate to have nation-wise trading.

They are located at Ahmedabad, Vadodara, Bangalore, Bhubaneswar, Mumbai, Kolkata, Kochi, Coimbatore, Delhi, Guwahati, Hyderabad, Indore, Jaipur’ Kanpur, Ludhiana, Chennai Mangalore, Meerut, Patna, Pune, Rajkot.

The Stock Exchanges are being administered by their governing boards and executive chiefs. Policies relating to their regulation and control are laid down by the Ministry of Finance. Government also Constituted Securities and Exchange Board of India (SEBI) in April 1988 for orderly development and regulation of securities industry and stock exchanges.

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ladessa [460]

Answer:

Explanation:

Because there are plenty of suppliers for some goods, the food truck owner is more powerful in this case than the suppliers. Here the power of suppliers is low

For the other goods with only a single supplier. the supplier has more powerful than the taco seller. here the power of supplier is high. If the supplier increases price, the taco seller would most likely have an inelastic demand and would be at the mercy of the supplier

thus, the power of suppliers is relatively high for some items and relatively low for others.

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2 years ago

A 2-year maturity bond with face value of $1,000 makes annual coupon payments of $80 and is selling at face value. What will be

il63 [147K]

Solution:

Annual coupon payment of the bond is $80

At the beginning of the year, remaining maturity period is 2 years.

Price of the bond is equal to face value, i.e. the initial price of the bond is $1000.

New price of the bond = present value of the final coupon payment + present value of the maturity amount.

New price of the bond = $\frac{80}{1+r} +\frac{1000}{1+r}$

where, r is the yield to maturity at the end of the year.

Substitute 0.06 for r in the above equation,

Therefore new price of the bond is = $\frac{80}{1+0.06} +\frac{1000}{1+0.06}$

= $\frac{1080}{1.06}$

= $ 1010.87

Calculating the rate of return of the bond as

$\text{rate of return}=\frac{\text{coupon+new price-old price}}{\text{initial price}}$

$=\frac{80+1018.87-1000}{1000}$

= 0.09887

Therefore, the rate of return on the bond is 9.887%

≈ 10 %

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3 years ago

You have the following information

stira [4]

Answer:

$50

Explanation:

Net income will be the difference between the selling price and the Cost price.

Cost price is $1000

net profit margin is 5%, selling price will be

=$1000 + profit margin

= $1000 + (5/100 x 1000)

=$1000 + $50

=$1050

Net income = $1050 -$50

=$50

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2 years ago

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Explanation:

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2 years ago

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The harvest is gonna be in june OR something is gonna happen soon

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3 years ago