Reserve Bank Of India. Department Of Research and Statistics
Title INDEX NUMBERS OF SECURITY PRICES / DEPARTMENT OF RESEARCH AND STATISTICS, RESERVE BANK OF INDIA (First Issue, 1949)
Book Condition Near Fine
Publisher Bombay Reserve Bank of India. Department of Research and Statistics 1949
Seller ID 7648
Thin Small 4to 9" - 11" tall; 64 pages; First issue, 1949. Original stapled printed wrappers. Staples rusted. Tiny rubberstamp on front wrapper: "Feb 25 1958 Program in I. F. E. A. Yale University 37 Hillhouse afvenue." The Reserve Bank of India started compiling indices of security prices in 1949. These were classified under the following heads: (a) Government and Semi-government securities; (b) Debentures of companies; and (c) Equity shares of companies. The RBI introduced several modifications in the computation of the security prices indices necessitated on account of passage of time such as shifting of base, enlarging the coverage of securities and industries, etc. Presently, the RBI compiles the indices of prices of equity shares of companies only and has discontinued such compilation in respect of debentures and government securities after December 1979 as these were not actively traded."
Investments Securities India