CURRENT AFFAIRS

Detailed explanation-1: -As per the MoU, BSE and Yes Bank will conduct knowledge events for SMEs, export promotion of SMEs, in addition to providing banking and financial solutions.

Detailed explanation-2: -The SME platform of the Exchange is intended for small and medium sized companies with high growth potential.

Detailed explanation-3: -Trading on the BSE SME Exchange The minimum application and trading lot size shall not be less than Rs. 1, 00, 000/- The minimum depth shall be Rs 1, 00, 000/- and at any point of time it shall not be less than Rs 1, 00, 000/-

Detailed explanation-4: -An SME Exchange is a stock exchange dedicated for trading the shares / securities of SMEs who otherwise find it difficult to get listed on the Main Board. At present, there are only two SME Exchanges in India i.e. BSE SME platform (BSE) and EMERGE Platform (NSE).

Detailed explanation-5: -SME shares can be traded on the stock exchanges via your stock broker in a similar way as the mainboard shares are traded. A few of the differences are: SME shares can be traded only on the exchanges where they are listed i.e. BSE or NSE. SME shares are traded in lots instead of any numbers.