Question
Which statement is not correct about Securities and
Exchange Board of India (SEBI)? (A) SEBI was established in 1988 (B) SEBI gets statutory powers from SEBI Act 1992 (C) Ajay Tyagi is the Chairman of SEBI (D) Head Office of SEBI is in New Delhi.Solution
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers on 30 January 1992 through the SEBI Act, 1992. Initially SEBI was a non statutory body without any statutory power. However, in 1995, the SEBI was given additional statutory power by the Government of India through an amendment to the Securities and Exchange Board of India Act, 1992. Its Head Office is in Mumbai.
The marked price of an article is Rs. 2000. A shopkeeper gives a discount of 10% and then an additional cash discount of 5% on the reduced price. Find t...
A discount of 20% on the price of an article is the same as a discount of 25% on the price of another article. The prices of the two articles will be, ...
The cost price of an article is Rs x. It is marked up by 200%. It is sold at Rs 540 after giving 25% discount. What is the value of x (in Rs)?
A hotel is giving a discount of 12% on the booking of 2 or more rooms. Additionally, the hotel is offering a 5% discount only on payment using any card ...
A shopkeeper marks his goods at such a price that after allowing a discount of 20% on the mark price he can earn a profit of 25%. If the article cost h...
A doll is marked for Rs.2,500. A customer pays Rs.1,800 for it. If the customer got a series of two discounts and the rate of the first discount is 10%,...
The marked price of a pen and pencil are in the ratio of 5:6. The shopkeeper gives 20% discount on th pen. If the total discount on both the pen and the...
The marked price of a toaster and the dryer are in the ratio 1 :2. The shopkeeper gives 20% discount on the toaster. If the total discount on the toaste...
A shopkeeper sells an item at ₹1500 which is marked as ₹2000. What is the discount he is offering? Â
A purchased an article and sold it to B at 12.5% profit. B marked it up by 10% above the price at which A has purchased it and then sold it after giving...
Relevant for Exams:
