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Economic Organisations and Regulatory Bodies in India

41.

Consider the following statements

i. American depositary receipts are securities of a non-US company that trade in the US financial markets.

ii. ADR is a negotiable security which represents securities of companies that is foreign to the market which the DR trades.

Which of the statements given above is/are correct?

Answer: C

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42.

Entities under probe for serious violation in which market can seek settlement of the case if they make good on losses suffered by investors to SEBI’s satisfaction?

Answer: C

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43.

The merit of issuing notes with RBI can be seen in

Answer: D

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44.

When did the National Housing Bank start its operations?

Answer: B

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45.

Economy survey in our country published officially every year by the:

Answer: B

The economy survey in India is published every year by the Ministry of Finance, Government of India. In present P.Chidambaram is the Finance Minister of India.

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Answer: B

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47.

Which one of the following development Financial Institutions in India has started the special refinance scheme for the resettlement and rehabilitation of Voluntary Retired workers of the National Textile Corporation (NIC)?

Answer: B

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Answer: B

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49.

Which trading individuals has SEBI decided to grant a unified license to operate in commodity derivative and equity markets?

Answer: D

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Answer: D

Scheduled bank in India are those banks which have been included in the second scheduled of Reserve Bank of India Act 1934. RBI in turn includes only those banks in this scheduled banks which satisfy the criteria laid down vide section 42(6) of the Act.

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