Economics · Stock Exchanges
Which of the following statements are correct regarding demutualised stock exchanges? Statement 1: In a mutual exchange, brokers are both the owners and the traders, and they also manage the exchange. Statement 2: In a demutualised exchange, ownership, management, and trading rights are clearly segregated. Statement 3: Major Indian stock exchanges like BSE, NSE, and OTCEI are corporatised and demutualised. Statement 4: Demutualisation completely eliminates the role of stock exchanges in the trading of listed securities.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statements 1, 2, 3, and 4
- 2Statements 1 and 4 only
- 3Statements 2 and 4 only
- 4Statements 1, 2, and 3 only✓
Correct answer
Statements 1, 2, and 3 only
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