2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Cost bands
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Price bands
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Price categories
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Price phases
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Detailed explanation-1: -Scrip is a substitute or alternative to the legal tender. A bearer who holds a scrip authorises such holder to receive something in return. Scrips can be in many different forms, basically in the credit form, with the document certifying the debt. Another reference to the term ‘scrip’ is in the stock market.
Detailed explanation-2: -The BSE enables investors to trade in equities, currencies, debt instruments, derivatives, and mutual funds.
Detailed explanation-3: -Secondary market is an equity trading avenue in which already existing/pre-issued securities are traded amongst investors.
Detailed explanation-4: -Equity shares, bonds, preference shares, treasury bills, debentures, etc. are some of the key products available in a secondary market. SEBI is the regulator of the same.