Who among the following does not function in the stock exchange market?
Who among the following does not function in the stock exchange market?
- A) Bull
- B) Broker
- C) Jobber
- D) Promoter
Correct Answer: D) Promoter
Explanation
This question is asking about different types of people involved in the stock exchange market and which one of them does not function in the market. The options are Bull, Broker, Jobber, and Promoter. The correct answer is option D, Promoter.A promoter is someone who identifies a business opportunity and mobilizes resources to establish and run a new company. They are not directly involved in the stock exchange market.
On the other hand, a bull is someone who anticipates that stock prices will rise and buys stocks in the hope of selling them later at a higher price. A broker is a person or firm that acts as an intermediary between buyers and sellers of stocks. A jobber is a dealer in the stock exchange market who buys and sells stocks on behalf of stockbrokers.
It is important to understand the roles of different people in the stock exchange market as it helps in making informed decisions when investing in the stock market.