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SEBI has came out with exhaustive guidelines for Investor Protection Fund (IPF) and Investor Services Fund (ISF) maintained by stock exchanges and depositories. Concerning contributions of stock exchanges, they will have to contribute 1 per cent of the listing fees received every quarter and the entire interest earned on the security deposit kept by the issuer companies at the time of the offering of securities for subscription to the public and penalty collected by exchanges from trading members. In respect to contribution to IPF of depositories, they have to contribute 5 percent of their profits from depository operations every year, all fines and penalties recovered from depository participants (DPs) and other users including and income received out of any investments made from the IPF. In respect of the investor services fund (ISF), the stock exchanges will have to set aside at least 20 per cent of the listing fees received by ISF for providing services to the investing public ISF will be used for the purpose of the promotion of investor education and investor awareness programs, the cost of training arbitrators and at least 50 per cent of the corpus should be spent in Tier II & Tier III cities.
The ratio of cost price and selling price of a shirt is 3:4 respectively. The shirt was marked up by 35% above its cost price, and sold after giving Rs....
A shopkeeper bought two articles for Rs. 200 each. If he sold one of them at 40% profit and the other at 25% loss, then find the difference between the ...
An article is sold at 15 (1/2) % profit. If its C.P. is increased by Rs. 40 and at the same time if its SP is also increased by Rs. 30, then % of profit...
A shopkeeper sold a school bag at a profit of 60%. Had he sold the school bag at 20% profit he would have earned Rs.164 less. Find the cost price of the...
A bought an article at 12.5% less of the marked price and sold it at 5% more than the marked price. Find the profit earned by him.
Rahul purchased a car for Rs 1,30,000 and spent Rs 6000 on transportation and 15% of its cost on repair. At what price should he sell it so as to earn a...
A shopkeeper marked his article 40% above its cost price and offered a discount of 30%. If cost price of the article is Rs. 750, then find profit or los...
A trader buys 150 kg of rice at ₹20 per kg and 100 kg of rice at ₹25 per kg. He mixes them and sells the mixture at ₹27 per kg. What is his overal...
A trader bought some orange at 7 for Rs 11. He sold all at 2 for Rs 3. Thereby he losses Rs 30. Find number of oranges sold.
The profit earned after selling an article for Rs.1643 is the same as loss incurred after selling the article for Rs.1121. What is the cost price of the...
