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Questions and Answers
How much money did the 1992 Indian stock market scam defraud investors of?
How much money did the 1992 Indian stock market scam defraud investors of?
- Over one billion USD
- Approximately ₹ 5,000 crores
- Around twenty million USD
- Over ten million USD (correct)
What was the main technique used by Harshad Mehta in the 1992 Indian stock market scam?
What was the main technique used by Harshad Mehta in the 1992 Indian stock market scam?
- Identity theft and credit card fraud
- Misusing market loopholes and fabrication (correct)
- Pyramid schemes and Ponzi schemes
- Insider trading and embezzlement
What happened to the Indian stock market when the 1992 scam was discovered?
What happened to the Indian stock market when the 1992 scam was discovered?
- It became more stable
- It experienced a significant surge
- It remained unaffected
- It collapsed (correct)
How much money did the 1992 Indian stock market scam amount to?
How much money did the 1992 Indian stock market scam amount to?
What type of loans were stock traders able to fraudulently obtain from banks as a result of the scam?
What type of loans were stock traders able to fraudulently obtain from banks as a result of the scam?
What was the main technique used by Harshad Mehta in the 1992 Indian stock market scam?
What was the main technique used by Harshad Mehta in the 1992 Indian stock market scam?
What was the approximate amount of the 1992 Indian stock market scam?
What was the approximate amount of the 1992 Indian stock market scam?
How did stock traders fraudulently obtain loans from banks as a result of the scam?
How did stock traders fraudulently obtain loans from banks as a result of the scam?
What caused the collapse of the Indian stock market when the 1992 scam was discovered?
What caused the collapse of the Indian stock market when the 1992 scam was discovered?
Who was the main perpetrator of the 1992 Indian stock market scam?
Who was the main perpetrator of the 1992 Indian stock market scam?
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