Projectsformba. blogspot.com RESEARCH METHODOLOGY Research methodology refers to the search for Knowledge. It is a way to systematically solve the research problem. In it we study the various steps that are generally adopted by the researcher in studying his research problem along with logic behind them. Research Methodology conceming a research problem or study provide answers to various questions like; why a research study has been undertaken, how the research problem has been defined, what data have been collected and what particular method has been adopted to collect the data, what technique has been used for analyzing the data and a host of similar other questions Though there are more than one alternative approaches available to the researcher, but is not enough to make the task of selecting the suitable research design simpler. Like the so-called suitable research design may require some in between approach. The objective of study being the main determinant of the validity and reliability of the method adopted the degree of usefulness of the scientific method. Since there are many aspects of research methodology, in line of action has to be chosen from variety of alternatives, so that individual choice of suitable method is further complicated and make a viable whole, The choice of suitable method is further complicated by the possibility of many permutations and combinations. The fair selection can be arrived at through the objective assessment and of course comparison of various alternatives. ‘The finally selected line of action must ensure that this is indeed best one as against those rejected by the researcher. in addition, the circumstances and problems also having a bearing in the choice. To count a fem, limitations could be imposed in the sense of funds available, time and urgency in conducting the research. So the final choice must be based on. assessment of its advantage and disadvantages when weighted against affecting factors.Projectsformba. blogspot.com Research methodology can be said to have four major components namely-Research design, Sample design, Data collection procedure and methods of analyzing and reporting the findings Research Design ‘The research problem having been formulated in clear cut terms, the researcher will be required to prepare a research design i.e. he will have to state the conceptual structure with in which research would be conducted. The preparation of such a design facilitates research to be as efficient as possible yielding maximal information But how all there can be achieved depends mainly on the research purpose. Research purpose may be grouped into four categories. (1) Exploration (2)Description (3) Diagnoses and (4) Experimentation. Exploratory research studies are those whose main purpose is that of formulating a problem for more precise investigation or of developing the working hypotheses from on operational point of view. Descriptive research studies are those studies which are concerned with describing the characteristics of a particular individual, or of a group Diagnostic research studies determine the frequency with which something occurs Experimental research studies are those where the researcher tests the hypothesis of casual relationship between the variables. Research design of’ this particular research study of demiaterialization of shares i primarily based on descriptive and diagnostic research design. As descriptive and diagnostic research design describes the characteristics and determines the frequency with which something occurs respectively, similarly this research determines the characteristics of the individuals who deal in share and also determine the frequency of dealing on the basis of their characterist Sample Design Alll the items under consideration in any field of inquiry constitute a ‘Universe’ or ‘Population’. A complete enumeration of all the items in the population is known as a census inquiry. This type of inquiry involves a great ideal of time, money andProjectsformba. blogspot.com energy. Hence quite often a few items so selected constitute what is technically called a sample. The researcher must decide the way of selecting a sample or what is popularly known as sample design. A sample design is a definite plan determined before any data are actually collected for obtaining a sample from a given population. Samples can be either probability or non-probability samples. With probability samples each element has a known probability of being included in the sample but non-probability samples are those based on simples do not allow the researcher to determine this probability. Probability samples are those based on simple random sampling, systematic sampling = ete where as non probability samples are those based on convenient sampling, judgment sampling ete. Data collection techniques The required data is collected both from primary as well as secondary sources, Primary Sources: The primary data was collected through structured unbiased questionnaire and personal interviews of investors. For this purpose questionnaire included were both open ended & close ended & mulple-choice questions. Secondary Sources: Secondary data is the data, which is collected and complied for different purposes, which are used in research for this study. The secondary data includes material collected from:- Magazines & Bulletins- Brochure of Unicon Securi Internet- www.sebi,gov.in www.nseindia.com SIZE OF SAMPLE The overall sample involved in the study consisted of 50 individuals. Keeping in view the limited resources of time, a limited sample of individuals. It was fixed before hand and every effort was made to cover the given number of individuals with available time for the collection of data for this project. The data was collected with the help of the questionnaire herself by the researcher.Projectsformba. blogspot.com The methodology used for this purpose is Survey and Questionnaire Method. It is a time consuming and expensive method and requires more administrative planning and supervision. It is also subjective to interviewer bias or distortion Analysis of Data After the data have been collected, the researcher turns to the task of analyzing them The analysis of data requires a number of closely related operations such as establishment of categories, the application of these categories to raw data through coding, tabulation and then drawing statistical inferences. The unwisely data should necessary be condensed into a few manageable groups and tables for further analysis. Thus researcher should classify the raw data into some purposefill and usable categories. In the process of analysis, relationships or differences supporting or conflicting with original or new hypotheses should be subjected to tests of significance to determine with what validity data can be said to indicate any conclusion Interpretation The interpretation is done on the basis of the analyzed data and also some recommendations are given to fill the loopholes of the actual scenario.Projectsformba. blogspot.com DATA ANALYSIS AND ‘TERPRETATI Research is conducted for finding the solution of the problem. So to find the solution of the problem data analysis and interpretation is must. There are some questions related to this research to interpret the result ‘The sample size in this study consisted of 50 individuals and data analyzed from the response of these 50 individuals. ARE YOU AWARE OF STOCK MARKET? The basic purpose of this question is to know about how many people are aware of the stock market and its activities. NUMBER % OF RESPONSES OF RESPONSES: RESPONSES,Projectsformba. blogspot.com Interpretation. ‘This graph shows that all the 50 individuals were aware of stock market. So it can also be possible that investors will rise in near future.Projectsformba. blogspot.com 2. ARE YOU AWARE OF DEMAT ACCOUNT? ‘The basic purpose of this question is to know about awareness of demat account among respondents. NUMBER % OF RESPONSES, OF RESPONSES RESPONSES,Projectsformba. blogspot.com Interpretation The above table clearly shows that from a sample size of 50 respondents, 40 individuals were aware of demat account. 3. DURATION FOR WHICH INVESTOR HAS BEEN TRANSACT IN THE STOCK EXCHANGE? ‘The purpose of this question is to know about the duration for which investor has been transact in stock exchange.Projectsformba. blogspot.com DURATION NUMBER OF RESPONSES % OF RESPONSES LESS THAN LYEAR LYEAR 2 YEAR MORE THAN 2YEARProjectsformba. blogspot.com @ LESS THAN 1 YEAR m1 YEAR OZ YEAR CO. MORE THAN2 YEAER) Interpretation :- ‘The above table clearly shows that from a sample size of 50 respondents, 15 have been trading in the stock exchange for more than 2 years. 10 investors were trading for 2 years and remaining 25 for one year or less than a year 4, DO YOU TRADE- FREQUENTLY OR OCCASIONALLY? This purpose of this question is to find out how many persons trade frequently or ‘occasionally. ‘NUMBER OF RESPONSES % OF RESPONSES FREQUENTLY OCCASIONALLYProjectsformba. blogspot.com Interpretat ‘This chart shows that 30 individuals trade occasionally and 20 individuals trade frequently. 5. WHICH TYPE OF SCRIPTS YOU HAVE? The purpose of this question is to know about which type of scripts the respondents have.Projectsformba. blogspot.com % OF RESPONSES: PHYSICAL DEMATERIALISEDProjectsformba. blogspot.com Interpretation :- Above graph shows that many individeals have dematerialised scripts and some have physical scripts. NUMBER % OF RESPONSE OF RESPONSES. RESPONSES 30 6. DO YOU CONVERT YOUR SHARES ELECTRONICALLY? ‘The basic purpose of this question is to know about how many persons are interested to convert their shares electronically.Projectsformba. blogspot.com Interpretation This chart show's that 30 individuals wanted to convert their shares electronically and rest were not. ‘The purpose of this question is know satisfaction about demat service provider.Projectsformba. blogspot.com RESPONSES, NUMBER OF RESPONSES: % OF RESPONSES 45 InterpretationProjectsformba. blogspot.com This graph shows that most of the people were satisfied with demat service provider. 8. PROBLEMS BEING FACED BY THE RESPONDENTS RELATING TO TRADING This question tells us about the type of problems faced by the respondents NUMBER % OF PROBLEMS OF RESPONSES, RESPONSES NO TRANSFER OR) BAD DELIVERY OF SHARES OTHER TYPE OF PROBLEM NO PROBLEMProjectsformba. blogspot.com INO TRANSFER OR BAD DELVERY OF SHARES mu OTHER TYPE OF PROBLEM| ONO PROBLEM iterpretat From the above chart we can see that 20 investors faced no problem due to the introduction of DEMAT. Nearly 10 respondents faced problems due to non-transfer and bad delivery of shares. Because of many sick companies being listed in the stock exchange, the problem of non-receipt of dividend can be found among 7 investors. There were 20 persons who were facing other problems ations Of The Research Study © Due fo the lack of time, it was not possible for the researcher to approach all the people. The respondents were asked to indicate their true responses to the questions being asked, but rather than giving the response, they might have been in a form of expert comments which might have based the result of the study. The results of the study may not be universally applicable due to regional constraintsProjectsformba. blogspot.com © Money was also considered as a major constraint during the research work, © Personal biasness may be included in the research work. SUGGESTIONS AND RECOMMENDATIONS ‘© As many of the people who dealt in share market are aware of UNICON’S name but not of its services. So company should advertise its services, so that people can be made aware of all the services provided by the company.Projectsformba. blogspot.com © Most if the people are not finding any spare time to convert their shares electronically. So company should approach to such people at their doorstep to open their demat account ‘As far as people preference regarding opening of demat a’c is concemed then they mainly prefer two factors ic. service and trust. So it becomes necessary for the company to take care of these two factors BIBLIOGRAPHY * Unicon forms for opening depository and trading account. Study material of capital market and derivatives market of NCFM.Projectsformba. blogspot.com Websites Visited wwwuniconindia in QUESTIONNAIRE Tam a student of PGP from Indira Institute Of Career Studies, Pune, Maharashtra. ‘You are required to fill this questionnaire to enable me to undertake the study on the said project.