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प्रश्न
Distinguish between the following.
Jobber and Broker.
उत्तर
Points | Jobber | Broker |
(1) Meaning | Jobber is one who buys and sells securities in his own name. | Broker is an agent who deals in buying and selling of securities on behalf of his client. |
(2) Nature of Trading | A jobber carries out trading activities only with the broker. | A broker carries out trading activities with the jobber on behalf of his investors. |
(3) Restrictions on Dealings | A jobber is prohibited to directly buy or sell securities in the stock exchange. Also, he cannot directly deal with the investors. | A broker acts as a link between the jobber and the investors. He trades i.e. buys and sells securities on behalf of its investors. |
(4) Agent | A jobber is a special mercantile agent. | A broker is a general mercantile agent. |
(5) Form of Consideration | A jobber gets consideration in the form of profit. | A broker gets consideration in the form of commission or brokerage. |
संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
The practice of buying and selling within the same trading day before the close of the market on that day is called ______.
Write a word or a term or a phrase which can substitute the following statement.
A dealer in stock exchange who carries on trading of securities in his own name.
Write a word or a term or a phrase which can substitute the following statement.
A speculator who expects the price of shares rise in the future.
Complete the sentence.
A person who buys or sells shares on behalf of his clients is called as ______.
Complete the sentence.
A speculator who expects fall in prices of shares ___________.
Answer in one sentence.
Who is Bull?
Answer in one sentence.
Who is Bear?
Answer in one sentence.
Who is Lame Duck?
Answer in one sentence.
What is Rally?
Explain the following term/concept.
Broker
Explain the following term/concept.
Bull
Explain the following term/concept.
Bear
Explain the following term/concept in detail:
Index of Stock Market.
Explain the following term/concept in detail:
Stag
Distinguish between the following:
Bull and Bear
Explain the following term/concept.
Sensex