In Nepal, the institution which buys or sells equities on his own account directly through the exchange is called .....

FINANCIAL MARKETS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

In Nepal, the institution which buys or sells equities on his own account directly through the exchange is called ____

A	Broker agent
B	Financial advisor
C	Stock dealer
D	Stock broker

Explanation:

Detailed explanation-1: -Stockbrokers are individuals who buy and sell stocks and other securities for retail and institutional clients, through a stock exchange or over the counter, in return for a fee or a commission.

Detailed explanation-2: -The Bottom Line You can buy or sell stock on your own by opening a brokerage account with one of the many brokerage firms.

Detailed explanation-3: -In order to trade shares online, the investor has to go to the broker office and get the KYC updated first by filling the form. Investors cannot engage in online trading until the KYC is updated. Those who have chosen an online account can trade online. One with an offline account can only trade through a broker.

Detailed explanation-4: -As of February 2023, 217 companies are listed on the exchange, which includes commercial banks, hydro-power companies, insurance companies, and finance companies among others. The Exchange has 50 registered brokers as of February 2023.

There is 1 question to complete.

ECONOMICS (CBSE/UGC NET)

ECONOMICS

FINANCIAL MARKETS