A Learning Portal from Recruitment India
_______ has raised Rs 660.80 crore by issuing shares to employees under Employee Share Purchase Scheme (ESPS).
Dena Bank
Bank of India
BoB
SBI
Answer with explanation
Answer: Option BExplanation
The bank issued 6,25,52,188 shares of Rs 10 each to eligible employees. It offered a discount of 24.28% on the applicable price to the employees and about 94.70% of total employees participated in the scheme. These shares are issued with a lock-in period of one year.
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With which bank has India signed a loan agreement of 250$ million for the National Rural Economic Transformation Project to boost the rural income of 13 states?
World Bank
Asian Development Bank
European Bank for Reconstruction & Development
Asian Infrastructure & Investment Bank
Answer
Answer: Option AWorkspace
___________________ represent claims for the payment of a sum of money sometimes in the future and/or a periodic payment in the form of interest or dividend.
physical asset
fixed asset
financial asset
liquid assets
Answer with explanation
Answer: Option CExplanation
financial assets represent claims for the payment of a sum of money sometimes in the future and/or a periodic payment in the form of interest or dividend.
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Any company making a public issue of value of more than Rs. ———— is required to file a draft offer document with SEBI.
100 lakh
25 lakh
50 lakh
10 lakh
Answer with explanation
Answer: Option CExplanation
Any company making a public issue of value of more than Rs.50 lakh is required to file a draft offer document with SEBI.
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Discount and Finance House of India was set up in pursuance of the recommendations of …………………Committee
Malegam
Malhotra
Vaghul
Narasimham
Answer with explanation
Answer: Option CExplanation
Discount and Finance House of India was set up in pursuance of the recommendations of vaghul Committee.
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The device adopted to make profit out of the differences in prices of a security in to different markets is called…………………
cornering
prize rigging
arbitrage
margin trading
Answer with explanation
Answer: Option CExplanation
The device adopted to make profit out of the differences in prices of a security in to different markets is called arbitrage.
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Adhoc T-bills are always issued in favour of________________.
State government
Commercial banks
Treasuries
RBI
Answer with explanation
Answer: Option DExplanation
The system of ad hoc Treasury Bills to finance budget deficit will be discontinued with effect from April 1, 1997. A scheme of Ways and Means Advances (WMA) by Reserve Bank of India to Government of India (GOI) will be introduced to accommodate temporary mismatches in Government receipts and payments.
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