12. Which is not one of the development steps taken for Capital Market?
(1 Point)
Open Outcry
Book Building
Establishing SEBI
Screen Based Trading
Answers
Open Outcry is the correct answer..
Hope it is helpful to you
Answer:
The correct option is Open Outcry
Explanation:
Open Outcry is not the development steps taken for Capital Market.
Book Building, Establishing SEBI and Screen Based Trading are the following steps taken for development for Capital Market. These are new modern and technologies based method in which trading of stock or future exchange can be done easily, quickly and can be access from any part of the nation.
An open outcry is a old and tradition method for trading approach for stock, option, & futures exchanges. It was a communication method in traditional way for buying and selling the stocks in market. the entails the usage of oral & gestural signs by traders to convey trading details, intentions, & acceptance.
In open outcry investor used its hands signal for bids & offers.
- Investor showed the palms of the hands for buying or selling stocks. Whenever a seller wants an offer to buy, the palms of the hands should face towards the buyer. On the other side, a buyer searching for a seller, has his palms facing inward, toward his body
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