Vidyalelo
Commerce · Q253

Business and Commerce

Graduate and Post Graduate · Commerce · question 253

Q253

Security merchants dealing in shares, independent operators are called ___________.

A.
Brokers
B.
Jobber
Answer
C.
tarawaniwalas
D.
mandiwalas

Answer: Option B

Solution

Answer: Option B
Solution:
Security merchants dealing in shares, independent operators are called Jobber. They buy and sell securities on their own behalf and try to earn through price changes. Jobbers cannot deal on behalf of public and are barred from taking commission.