Question : Which feature of stock exchange is highlighted in the given statement?
Statement: Every stock exchange has a Management committee which has all the rights related to management and control of exchange.
 

Option 1: Management Committee

Option 2: Dealings in securities issued by various concerns.

Option 3: Dealing only through authorised members.

Option 4: Necessary to obey the rules and bye-laws.

Question : Statement 1: The Foreign Exchange Regulation Act (FERA) was replaced by the Foreign Exchange Management Act (FEMA) in 2000.

Statement 2: FEMA aimed to promote foreign investment and simplify foreign exchange transactions.

Option 1: Both statements are true.
 

Option 2: Both statements are false.
   

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: The Foreign Exchange Regulation Act (FERA) imposed strict controls on foreign exchange transactions.

Statement 2: FERA was replaced by the Foreign Exchange Management Act (FEMA) in 2002.

Option 1: Both statements are true.
 

Option 2: Both statements are false.
    

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: The Foreign Exchange Regulation Act (FERA) imposed strict controls on foreign exchange transactions.

Statement 2: FERA was replaced by the Foreign Exchange Management Act (FEMA) in 1999.

Option 1: Both statements are true.
   

Option 2: Both statements are false.
 

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

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