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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.
______ is a dealer in stock exchange who carries on trading of securities in his own name.
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.
State whether the following statement is true or false.
Bear is a speculator who expects the prices of shares rise in the future.
Complete the sentence.
A person who buys or sells shares on behalf of his clients is called as ______.
Answer in one sentence.
Who is Broker?
Answer in one sentence.
Who is Jobber?
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 Crash?
Correct the underlined word and rewrite the following sentence.
A Bear expects the prices of shares to rise in future.
Correct the underlined word and rewrite the following sentence.
A Bull buys new issues of securities from primary market.
Explain the following term/concept.
Bull
Explain the following term/concept.
Bear
______ is a speculator who expects a fall in the price of the security.
Explain the following term/concept in detail:
Index of Stock Market.