Commerce Second Year Half Yearly Quiz

SEBI (Securities and Exchange Board of India) is responsible for overseeing and regulating the operations of stock exchanges in India, ensuring fair and transparent trading practices.

The Money Market is a financial market where short-term debt instruments with maturities of less than one year are traded. These instruments are used for short-term funding needs and investment strategies.

E-banking, or electronic banking, is a convenient way to manage your finances online. It enables you to perform various banking transactions, like transferring funds, paying bills, and checking balances, without visiting a bank branch.

In the stock market, 'Bulls' are optimistic investors who believe that the market will rise, while 'Bears' are pessimistic investors expecting a market decline.

The Insurance Regulatory and Development Authority of India (IRDA) regulates and promotes the insurance sector in India. It ensures fair practices, protects policyholders' interests, and maintains financial stability in the insurance market.

A Special Economic Zone (SEZ) is a designated area within a country with special economic incentives and regulations. It aims to attract foreign investment, promote exports, and boost economic growth.

The surrender value in an insurance policy refers to the amount of money the policyholder receives if they decide to cancel the policy before maturity. This value is typically a fraction of the premiums paid and is associated with endowment policies, which provide a guaranteed sum assured at maturity or in case of death.

In the context of trade, a 'Stag' is an investor who speculates on newly issued shares, hoping to profit quickly by buying them at the initial public offering (IPO) price and selling them at a higher price soon after they are listed on the stock market.

A Whole Life Policy is a life insurance policy that provides a guaranteed sum assured to the beneficiary upon the insured person's death, regardless of when it occurs. It offers lifelong coverage and is typically more expensive than term life insurance.

A 'Jobber' in financial markets is a market maker who consistently trades securities to enhance market liquidity. They quote both buy and sell prices, facilitating quick transactions and reducing price volatility.

An Automated Teller Machine (ATM) is a self-service banking machine that allows customers to perform cash transactions, like deposits, withdrawals, and balance inquiries, without the need to visit a bank branch. It offers convenience and 24/7 access to banking services.

A Bill of Lading is a document that serves as a receipt for goods shipped by sea, as well as proof of the contract of carriage between the shipper and the carrier. It details the goods being shipped, the origin and destination, and is used for customs clearance and financial transactions.