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Consider the following statements about money market instruments in India:
1. A treasury bill matures in less than one year and is also called a zero coupon bond.
2. A certificate of deposit is issued by commercial banks.
3. A commercial paper is issued by commercial banks to meet their inter-bank needs.
Which of the statements given above is/are correct?
Match List-I (principle of insurance) with List-II (meaning):
| List-I (Principle) | List-II (Meaning) |
|---|---|
| A. Utmost good faith | 1. Insurers share the loss in a case of double insurance |
| B. Insurable interest | 2. The insured must disclose all facts about the risk truthfully |
| C. Proximate cause | 3. The most direct and dominant cause of the loss is considered |
| D. Contribution | 4. The insured must suffer a financial loss if the subject matter is lost |
Select the correct answer using the codes given below.
Consider the following events related to India's capital market:
1. NSE is recognised as a stock exchange
2. SEBI is set up as an interim administrative body
3. The Native Share and Stock Brokers Association is formed in Bombay
4. SEBI gets statutory status through an ordinance
Select the correct chronological order.
Consider the following statements about the capital market:
1. The primary market is also called the new issue market, where a company sells new securities directly to investors.
2. In the secondary market, ownership of shares changes between investors, and the issuing company is directly involved in each transfer.
3. The capital market deals in long-term funds such as shares and debentures.
Which of the statements given above is/are correct?
Consider the following statements about insurance:
1. Life insurance is a contract of indemnity.
2. Marine insurance gives protection against perils of the sea and is a contract of indemnity.
3. Under subrogation, the insurer steps into the place of the insured after the claim is settled.
Which of the statements given above is/are correct?
Consider the following statements about the functions of SEBI:
1. Registration of brokers and mutual funds is one of SEBI's regulatory functions.
2. Prevention of insider trading is one of SEBI's development functions.
Which of the statements given above is/are correct?
Match List-I (term) with List-II (meaning):
| List-I (Term) | List-II (Meaning) |
|---|---|
| A. Bullish phase | 1. Pessimism among investors |
| B. Bearish phase | 2. Market for funds with maturity up to one year |
| C. Financial market | 3. Optimism among investors |
| D. Money market | 4. Links savers and investors |
Select the correct answer using the codes given below.
Consider the following statements about money market instruments:
1. Call money is short-term inter-bank finance that is repayable on demand.
2. A commercial paper is a short-term secured promissory note.
3. Certificates of deposit can be issued by commercial banks and development financial institutions.
Which of the statements given above is/are correct?
Match List-I with List-II:
| List-I (Term) | List-II (Meaning) |
|---|---|
| A. Dematerialisation | 1. Insured takes reasonable steps to reduce the loss |
| B. Capital market | 2. Holding securities in electronic form |
| C. Mitigation | 3. Market for long-term funds |
| D. Indemnity | 4. Insured is restored to the position held before the loss |
Select the correct answer using the codes given below.
Consider the following statements about types of insurance:
1. Fire insurance is a contract of indemnity.
2. The subject matter of life insurance is human life.
3. Marine insurance gives protection against perils of the sea.
Which of the statements given above is/are correct?
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