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      Question

      According to the SEBI study, which of the following

      statements is correct about intraday trading and trader demographics in FY23?
      A Over 90% of intraday traders in the equity cash segment incurred losses in FY23. Correct Answer Incorrect Answer
      B The number of individuals participating in intraday trades remained constant over the four years ending FY23. Correct Answer Incorrect Answer
      C The share of young intraday traders under 30 years increased to 48% in FY23, and 76% of these younger traders incurred losses. Correct Answer Incorrect Answer
      D Profit-makers were predominantly found in Tier-II cities and among unmarried traders. Correct Answer Incorrect Answer
      E Loss-makers in FY23 spent an additional 37% of their trading losses as trading costs. Correct Answer Incorrect Answer

      Solution

      Statement A is incorrect because the SEBI study found that over 70% of intraday traders in the equity cash segment incurred losses, not over 90%. Statement B is incorrect because the number of individuals participating in intraday trades surged 300% in the four years ending FY23. Statement C is correct. The study showed that the share of young intraday traders under 30 years increased to 48% in FY23 from 18% in FY19, and 76% of these younger traders incurred losses. Statement D is incorrect because profit-makers were more prevalent in Tier-I cities and among women and married traders, not in Tier-II cities and among unmarried traders. Statement E is incorrect because loss-makers in FY23 spent an additional 57% of their trading losses as trading costs, not 37%.

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