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Question : The Foreign Exchange Regulation Act was replaced by the ______ in India.

Option 1: Foreign Exchange Currency Act

Option 2: Foreign Exchange Finances Act

Option 3: Foreign Exchange Funds Act

Option 4: Foreign Exchange Management Act

Team Careers360 23rd Jan, 2024

Correct Answer: Foreign Exchange Management Act


Solution : The correct answer is the Foreign Exchange Management Act.

The Foreign Exchange Regulation Act (FERA) in India was replaced by the Foreign Exchange Management Act (FEMA). FEMA came into effect on June 1, 2000, and it marked a shift from the

Question : Case Study 34

ABC Ltd. is a conglomerate planning to expand its operations. The company's management is considering the roles of SEBI in the financial market.

Question : 

What is the full form of SEBI?

Option 1: Securities and Exchange Board of India
 

Option 2: Stock Exchange and Banking Institution
 

Option 3: Securities and Equity Brokerage Institute

 

Option 4: Stock Exchange and Business Investment

Team Careers360 23rd Jan, 2024

Correct Answer: Securities and Exchange Board of India
 


Solution : The correct answer is (a) Securities and Exchange Board of India

The full form of SEBI is Securities and Exchange Board of India. SEBI is the regulatory body in India that oversees and regulates the securities market, protecting the interests

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Question : Case Study: ABC Manufacturing implements scientific management techniques to standardize and optimize work processes. Which technique involves measuring the time taken to complete a specific task accurately?

 

Option 1: Fatigue study

Option 2: Time study

Option 3: Method analysis

Option 4: Motion study

Team Careers360 23rd Jan, 2024

Correct Answer: Time study


Solution : The correct answer is (b) Time study

Time study, a technique in scientific management, involves measuring the time taken to complete a specific task accurately. It aims to analyze and determine the standard time needed to perform a task efficiently using a prescribed method.

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Question : Which of the following is a common stress management technique?

 

Option 1: Procrastination

Option 2: Deep breathing exercises

Option 3: Overeating

Option 4: Ignoring the problem

Team Careers360 23rd Jan, 2024

Correct Answer: Deep breathing exercises


Solution : Deep breathing exercises are a common and effective stress management technique that can help calm the mind and reduce stress.

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Question : Case Study 32

RST Enterprises is a conglomerate that wants to trade its shares on a stock exchange. The company's management is in the process of selecting a brokerage firm.

Question : 

What is the process called when RST Enterprises evaluates different brokerage firms to facilitate its share trading?

Option 1: Opening a demat account
 

Option 2: Dematerialization
 

Option 3: Placing an order

 

Option 4: Selection of brokers

Team Careers360 24th Jan, 2024

Correct Answer: Selection of brokers


Solution : The correct answer is (d) Selection of brokers

The process where RST Enterprises evaluates different brokerage firms to facilitate its share trading is called selection of brokers. During this process, the company assesses various brokerage firms based on their services, fees, reputation, reliability,

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