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Question : Which feature of stock exchange is highlighted in the given statement?
Statement: Every stock exchange has a Management committee which has all the rights related to management and control of exchange.
 

Option 1: Management Committee

Option 2: Dealings in securities issued by various concerns.

Option 3: Dealing only through authorised members.

Option 4: Necessary to obey the rules and bye-laws.

 


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Management Committee


Solution : Stock exchange is an organised market. Every stock exchange has a Management committee which has all the rights related to management and control of exchange. All the transactions taking place in the stock exchange are done as per the prescribed procedure under the guidance of the Management committee.

Hence, option A is correct.

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