There is no restriction on the number of client a stock broker can have.

Normal market is the regulay daily market and Auction Market is used to settle the shortages in delivery.

Limited Physical Market was introduced as an exit route for small investors who held physical odd lot shares in small quantity. 

There is no carry forward trading on NSE. Derivatives, which are an advanced version of carry forward have been introduced at NSE.

Average Rate of Return = Total Returns / No. of Years

                          = 10.75 + 12.60 + 4.8 + 9.80 / 4 years

                          = 37.95 / 4

                          = 9.49

Numbering System of ISIN: The numbering structure for securities in NSDL is of 12 digit alpha numeric string. The first two characters represent country code i.e. IN. The third character represents the Issuer Type ie. 'A' means Central Goverment, 'B' means State Government etc.

The next 4 characters (fourth to seventh character) represent company identity. The next two characters (the eight and ninth characters) represent security type for a given issuer. The next two characters (the tenth and eleventh characters) are serially issued for each security of the issuer entering the system. Last digit is check digit.

IMP - Please note the numbering system of ISIN has to be memorised to get the right answer. Here in this question, 15 represents Pass through Certificate in the ISIN code.

Total transaction is 1,75,000 + 1,25,000 = 3,00,000. Maximum brokerage chargeable is 2.5% of Rs 3,00,000 = Rs 7500

All IPO's of Rs 10 crore or more have to issue shares in demat form only.

Turnover Ratio = Turnover at Exchange / Market Capitalisation at Exchange.

As per the Index-based Market-wide Circuit Breaker rules in case of a 10% movement in the index, there would be a one-hour market halt if the movement takes place before 1:00 p.m.

In case the movement takes place at or after 1:00 p.m. but before 2:30 p.m.there would be trading halt for ½ hour. However in case movement takes place at or after 2:30 p.m. there will be no trading halt at the 10% level and market shall continue trading.

The Contract note is a confirmation of trades done for an investor on a particular day. The contract note should contain name and address of registered office as well as dealing office, the SEBI registration number, details of trade - trade number, trade time, security name, quantity, trade price, brokerage etc.