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3 years ago

History of Stock Exchange in India

Business

1 answer:

fomenos3 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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c. What are the major functions of the entrepreneur? Instructions: Click in each box for a 'check-mark' for each correct answer

ipn [44]

Answer:

In your list of options there are 2 Major functions of an entrepreneur:

1. Innovate

2. Take Risks

Explanation:

Remember that being an entrepreneur and being a manager are 2 very different things. When an entrepreneur takes over the functions of a manager then things get more complicated. You can have a really big company that goes belly up because of bad management but that doesn't mean you had an incompetent entrepreneur.

The organizing function is one of my personal favorites. Here you have to get everything together, materials, machinery, material resources to operate, legal requirements etc. Then with successful leadership you can execute the plans directed by the entrepreneur.

5 0

4 years ago

Miller Fruit wants to expand and needs $1.6 million to do so. Currently, the firm has 465,000 shares of stock outstanding at a m

Assoli18 [71]

Answer:

Rights needed for each new share = 8.14 rights

Explanation:

Amount needed to expand = $1.6 million

465,000 shares of stock outstanding at a market price per share of $32.50

The subscription price = $28

Number of rights issued = 1 right per share × 465,000 shares

Number of rights issued = 465,000 rights

Number of shares needed = $1,600,000 / $28

Number of shares needed = 57,142.857

Rights needed for each new share = Number of rights issued / Number of shares needed

Rights needed for each new share = 465,000 / 57,142.857

Rights needed for each new share = 8.14 rights

7 0

3 years ago

How does free enterprise differ from laissez faire?

Finger [1]

A free market economy is one in which the government does not set or control prices, supply, or demand. A laissez-faire economy is one in which transactions between different companies or people are not subject to tariffs, government subsidies, and enforced monopolies.

3 0

3 years ago

Determine the amount of money in a savings account at the end of 3 years, given an initial deposit of $9,000 and an annual inter

natima [27]

Answer:

The correct answer for option (a) is $10,124, option (b) is $10,135 and option (c) is $10,141.

Explanation:

According to the scenario, the given data are as follows:

Initial amount (p) = $9,000

Annual interest rate (r1)= 4%

Semi annual interest rate (r2) = 4% / 2 = 2%

Quarterly interest rate (r3) = 4% / 4 = 1%

Time period ( annual) (n1)= 3 years = 3

Time period ( semi-annual) (n2) = 3 × 2 = 6

Time period ( quarterly) (n3) = 3 × 4 = 12

So, we can calculate future value by using following formula:

A= P ( 1 +r)^n

(a). Putting the value in the formula

A= P ( 1 +r1 )^n1

= $9,000 ( 1 + 4%)^3

= $9,000 x (1.04)^3

= $10,124

(b). Putting the value in the formula

A= P ( 1 +r2 )^n2

= $9,000 ( 1 + 2%)^6

= $9,000 x (1.02)^6

= $10,135

(c.) Putting the value in the formula

A= P ( 1 +r3 )^n3

= $9,000 ( 1 + 1%)^12

= $9,000 x (1.01)^12

= $10,141

4 0

3 years ago

Fey Company’s organization chart includes the president; the vice president of production; three assembly plants—Dallas, Atlanta

stiks02 [169]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

7 0

3 years ago