DEFINITION OF MICRO, SMALL & MEDIUM ENTERPRISES
In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two Classes:
1 Manufacturing Enterprises
The enterprises engaged in the manufacture or production of goods pertaining to any industry or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use. The Manufacturing Enterprise are defined in terms of investment in Plant & Machinery
2. Service Enterprises
The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment
What is Sensex ?
This is a frequently asked questions in Bank interviews. Everybody know that these are stock indexes. But interviewers expect you to speak little more about this.
What is Sensex and Nifty ?
Sensex is is an index of top 30 stocks in Bombay stock exchange (BSE) and Nifty is an index of top 50 stocks in National stock exchange (NSE)
How value of Sensex is calculated
Value of Sensex is calculated using "Free Float Market Capitalization" method.
Sensex is calculated on the basis of Free Float Market Capitalization of top 30 companies included the index.
Free float ratio is number of outstanding shares available for general public to trade
For example on 01-04-1979, the free float market capitalization of top 30 shares was 1000 crores. On 2 April 1979, free float market capitalization increased to 1050 crores. So the value increased by 5%. Value of Sensex will also be increased by 5% and value will become 105.
Formula to calculate Sensex
It's nothing but submission of free float market capitalization top 30 stocks.
No comments:
Post a Comment