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Demutualization is the process of transforming the legal structure of a stock exchange from a mutual organization, where the same entity owns and manages the exchange, to a business corporation. This change segregates the ownership, management, and trading rights at the exchange, thereby ensuring that these roles are independent of one another. This transformation was mandated by the government through an ordinance passed in 2004, which amended the Securities and Contract (Regulations) Act to make the demutualization of stock exchanges compulsory. The objective is to enhance transparency, reduce conflicts of interest, and improve the overall governance of stock exchanges.
A number is initially increased by 24% and subsequently reduced by 30%. Determine the overall percentage change in the number, indicating whether it is ...
A scored 20% more than B. If both score 4 marks more than the sum of the marks scored by A and B together would have been 20% more than the passing mar...
Certain number of students from two schools takes part in an examination. Out of a total of 100 students who participated from ABC school, x% failed in ...
In a bio gas plant the population of yeast bacteria increases at a rate of 19% per annum but there is an additional annual increase of 1% in population ...
The income of Tina is Rs.32000 and she saves 20% of her income. The savings of Kajal is Rs.2000 more than that of Tina and she spends 60% of her income....
In a recent survey in a city, 60% houses contained two or more persons and rest have only 1 person. Of those houses having only one person, 45% were ha...
If A's salary is 60% more than B's salary, then by what percentage is B's salary less than that of A?
Out of the total income of Anjali, she spends 20% on food, 40% on rent and 25% on groceries. Out of the remaining income, she donates 35% in a charity a...
Suyash have total amount of Rs.2100 out of which, he spent 15% on food, 40% of the rest on travelling. Out of remaining amount he spends Rs.400 on misce...
The respective ratio of monthly income of A to monthly income of B is 13:14, and A’s saving is (100/21)% more than B’s saving. Find the expenditure ...