Correct Answer: Assisting companies in mergers and acquisitions
  

Solution : The correct answer is (b) Assisting companies in mergers and acquisitions.

The main role of an investment bank in the capital market is to assist companies in mergers and acquisitions (M&A) activities. Investment banks provide advisory services and support to companies involved in buying, selling, or merging with other companies.Investment banks play a crucial role in M&A transactions by providing expertise and guidance throughout the entire process. They help companies assess potential targets, evaluate the financial and strategic implications of the transaction, and negotiate the terms of the deal. Investment banks also assist in structuring the transaction, raising capital, and facilitating the necessary regulatory approvals.

Correct Answer: Regulating and supervising the capital market
  

Solution : The correct answer is (a) Regulating and supervising the capital market.

The Securities and Exchange Board of India (SEBI) is the regulatory body in India that is responsible for regulating and supervising the capital market. SEBI's primary objective is to protect the interests of investors and promote the development and regulation of the securities market in India. SEBI plays a crucial role in regulating various participants in the capital market, such as stock exchanges, brokers, merchant bankers, and other intermediaries. It formulates regulations and guidelines to ensure fair and transparent practices, prevent fraud and market manipulation, and promote investor education and awareness.

Correct Answer: Assisting companies in mergers and acquisitions
  

Solution : The correct answer is (b) Assisting companies in mergers and acquisitions.

The main role of an investment bank in the capital market is to assist companies in mergers and acquisitions (M&A) activities. Investment banks provide advisory services and support to companies involved in buying, selling, or merging with other companies.Investment banks play a crucial role in M&A transactions by providing expertise and guidance throughout the entire process. They help companies assess potential targets, evaluate the financial and strategic implications of the transaction, and negotiate the terms of the deal. Investment banks also assist in structuring the transaction, raising capital, and facilitating the necessary regulatory approvals.

Correct Answer: Regulating and supervising the capital market
  

Solution : The correct answer is (a) Regulating and supervising the capital market.

The Securities and Exchange Board of India (SEBI) is the regulatory body in India that is responsible for regulating and supervising the capital market. SEBI's primary objective is to protect the interests of investors and promote the development and regulation of the securities market in India. SEBI plays a crucial role in regulating various participants in the capital market, such as stock exchanges, brokers, merchant bankers, and other intermediaries. It formulates regulations and guidelines to ensure fair and transparent practices, prevent fraud and market manipulation, and promote investor education and awareness.

Correct Answer: Rs 33,000

Solution : Cash in hand                   =    4,390
(+) Subscription               =    37,600
(+) Donation                    =    8,000
(+) Entrance fee              =    4,300
(+) Rent received            =    5,250
(-) Electricity charges      =    (3,440)
(-) Insurance premium    =    (310)
(-) Taxes paid                  =    (490)
(-) Salaries paid              =    (21,500)
(-) Honorarium                =   (2,500)
(+) Interest Received      =    2,950
(-) Printing                       =    (350)
(-) Petty expenses           =    (900)   
Closing balance               =    33,000

Hence, the correct option is 2.

Correct Answer: Statement 1 is false, statement 2 is true.

Solution : The correct answer is (d) Statement 1 is false, statement 2 is true.

Statement 1 is false. The Rashtriya Swasthya Bima Yojana (RSBY) does not specifically provide health insurance coverage to unemployed individuals. It focuses on providing health insurance coverage to below-poverty-line households and other eligible categories of workers in the informal sector.

Statement 2 is true. RSBY is indeed a government initiative aimed at addressing the health needs of the rural population in India. It aims to provide financial protection and access to healthcare services for those living below the poverty line in both rural and urban areas. The scheme seeks to mitigate the financial burden of medical expenses and improve the overall health outcomes of the rural population.

Correct Answer: is important

Solution : The fourth option is the correct choice.

The subject in the sentence is "health insurance", which is singular. The correct verb form to agree with the singular subject is "is". The original verb form "are" does not agree in number with the singular subject, so it is incorrect.

Therefore, the correct sentence should be: Health insurance is important today since anyone can face a medical emergency without warning.

Correct Answer: Credit cards

Solution : The correct option is Credit cards.

In India, credit cards are not a frequently given product by microfinance organisations. Typically, microfinance organisations concentrate on offering financial services to low-income and underprivileged community members, including individuals and small enterprises. These services frequently include insurance plans, savings accounts, and personal loans that are customised to meet the unique requirements of their customers.

Correct Answer: Insurance Regulatory and Development Authority of India (IRDAI)
 

Solution : The correct answer is (b). Insurance Regulatory and Development Authority of India (IRDAI). 

The IRDAI is the regulatory and supervisory body responsible for overseeing the functioning of insurance companies in India. It was established under the Insurance Regulatory and Development Authority Act, 1999. The IRDAI regulates various aspects of the insurance industry, including licensing and registration of insurance companies, framing regulations for insurance products, protecting the interests of policyholders, and promoting the development and growth of the insurance sector in India.

Correct Answer: 1999

Solution : The correct answer is 1999.

In line with the suggestions of the Malhotra Committee report in 1999, the Insurance Regulatory and Development Authority (IRDA) was established as an independent entity to oversee and foster the growth of the insurance sector. Formally constituted as a statutory body, the IRDA came into existence in April 2000. Its primary role is to regulate and promote the development of the insurance industry in India.