Question : Which of the following statement is correct?
Statement 1: Investors can sell and purchase security in stock exchange only through the authorised members.
Statement 2: It is not necessary to obey the rules and regulations determined by the stock exchange.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Statement 1 is false and statement 2 is true.
Solution : Investors can sell and purchase security in stock exchange only through the authorised members.Stock exchange is specified market place where only the authorised members can go in vessel has to take their help to sell and purchase. While transacting in stock exchange,it is necessary to obey the rules and regulations determined by the stock exchange.
Hence, option D is correct.