Abstract

This paper studies exchange rings R such that R/J(R) has bounded index of nilpotence. We give several characterizations of such rings. We prove that if a semiprimitive exchange ring R has index n, then for any maximal two-sided I of R, if R/I has length n, then there exists a central idempotent element e in R such that eRe is an n by n full matrix ring over some exchange ring with central idempotents, and the restriction π from eRe to R/I is surjective.

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