Question
In the evolving landscape of financial markets, the
structure and governance of stock exchanges have undergone significant changes to improve transparency, efficiency, and accountability. One of the key transformations involves changing the legal structure of stock exchanges to separate ownership and management from the trading rights of their members. This process ensures that the exchange operates as a business corporation, thereby reducing potential conflicts of interest and aligning its operations with global best practices. This structural change was mandated by the government through legislative amendments to enhance the integrity and functioning of stock exchanges. Which of the following refers to the segregation of ownership and management from the trading rights of the members of a stock exchange?Solution
Demutualization is the process of transforming the legal structure of a stock exchange from a mutual organization, where the same entity owns and manages the exchange, to a business corporation. This change segregates the ownership, management, and trading rights at the exchange, thereby ensuring that these roles are independent of one another. This transformation was mandated by the government through an ordinance passed in 2004, which amended the Securities and Contract (Regulations) Act to make the demutualization of stock exchanges compulsory. The objective is to enhance transparency, reduce conflicts of interest, and improve the overall governance of stock exchanges.
A and B are two numbers. Their average is 360, and the sum of A and B is 140% of A. What percentage of A is the difference between A and B?
Shristi’s income is 20% less than Alka’s income, and their expenditure ratio is 2:3 respectively. Shristi and Alka save Rs. 22,000 and Rs. 23,000, r...
In a village 80% of votes were cast in an election. A and B were the contestants. A won by 800 votes. If B had got 20% more votes, there would have been...
After increase in the price of coffee by 20 %, a person is able to buy 4 kg less for Rs. 1,440. Find the original and increased price of the coffee per ...
Population of a village is three lakh out which 40% were male and the rest were females. The male population earned a profit of 6% and the female popula...
- Priya's marks in Chemistry are 20% higher than her marks in Physics. The average of her marks in Chemistry, Physics, and Biology is 84. If she scored 87 in...
Raj saves Rs. 3000 more if he spends 65% of his income instead of 85%. Find the savings of Sanjay whose income is 20% more than that of Raj, and spends ...
What is the value of √25% =?
Kiran’s salary is first increased by 35% and then decreased by 30%. The result is the same as Pooja’s salary increased by 50% and then reduced by 2...
A man has Rs. 15,000 with him. He gives away 12% of this for charity, 15% of the remaining amount for education, and 20% of the new remaining amount for...
