Business And Commerce - Study Mode

[#146] When SEBI came into force?
Correct Answer

(A) 1992

Explanation

Solution: SEBI came into force in 1992. Securities and exchange Board of India (SEBI) was first established in the year 1988 as a non-statutory body for regulating the securities market. It became an autonomous body by The Government of India on 12 May 1992 and given statutory powers in 1992 with SEBI Act 1992 being passed by the Indian Parliament.

[#147] Indexing is an important ________.
Correct Answer

(B) method of maintaining account books

Explanation

Solution: Indexing is an important method of maintaining account books. Indexes are used to quickly locate data without having to search every row in a database table every time a database table is accessed.

[#148] A certain percentage of the sum assured is paid periodically according to the terms of policy is known as ________ .
Correct Answer

(C) Money-Back Policy

Explanation

Solution: A certain percentage of the sum assured is paid periodically according to the terms of policy is known as Money-Back Policy.

[#149] What is called to buying of shares by taking money from brokers?
Correct Answer

(A) Margin trading

Explanation

Solution: Margin trading is called to buying of shares by taking money from brokers. Buying on margin means to borrow money from a broker (similar to a loan) to purchase stock. The investor can take position in the market by paying an initial margin of 50 per cent (your own money), while the broker could finance the balance 50 per cent.

[#150] The traditional method of filing is
Correct Answer

(A) Box file