Y, a young person, has completed his bachelor's degree from the school of business management and feels strongly that he has adequate knowledge of finance and economics. Inspired by one of his school days friends, he is
CS Executive · Capital Market and Securities Laws · PYQS · December 2025
Y, a young person, has completed his bachelor's degree from the school of business management and feels strongly that he has adequate knowledge of finance and economics. Inspired by one of his school days friends, he is also looking for a good career in IT industry. But, looking at his elder brother, who is working in the financial sector Y is also attracted towards him. Because, of the recent surge in capital market activities, fueled by mobile apps, technological advances and machine learning tools. After taking his family's advice, finally Y joined into a certification course in the technology related area, which he feels will help him in data analysis, trend analysis and related aspects. After all these qualification and subject knowledge, he finally decided to make his career in the financial and capital market related activities. But instead of taking employment and working under somebody else, he feels he has the potential and the dynamism to work on his own, build a clientele and make a good fortune. His family has a strong financial background; hence he did not find any problem to finance his new venture. But he being a self-respected person he wanted to start everything new of his own, even with his own funding. For this purpose, he has already discussed loan proposals with some of his nearby bank branches. These bankers are happy to lend him loan, because they knew his family background. Then he remembers that you as his college days' friend and you are a qualified Company Secretary and doing your own practice. Therefore, he came to you for your guidance, particularly to know about the following: Y wants to understand the major activities that a Stock Broker does in the securities market ?
Answer & Explanation:
"Stock Broker" means a person having trading rights in any recognised stock exchange and includes a trading member. A stock broker plays a very important role in the secondary market helping both the seller and the buyer of the securities to enter into a transaction. The buyer and seller may be either a broker or a client. A stock broker is regulated by the provisions of the SEBI (Stock Brokers) Regulations, 1992.
Topics: Stock Brokers
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