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Commerce Second Year Half Yearly Quiz
12 Questions
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Commerce Second Year Half Yearly Quiz

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@ParamountSynecdoche

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Questions and Answers

What is the main role of SEBI in the financial market?

  • Providing insurance policies
  • Regulating the stock exchanges (correct)
  • Setting interest rates
  • Issuing licenses for banks
  • Which market deals with short-term funds and securities?

  • Insurance Market
  • Stock Exchange
  • Capital Market
  • Money Market (correct)
  • Which type of funding involves electronic transactions over the internet?

  • Insurance Policies
  • Retail Loans
  • Traditional Banking
  • E-Banking (correct)
  • What do Bulls and Bears represent in the stock market?

    <p>Market Trends</p> Signup and view all the answers

    Which entity regulates and promotes the insurance sector in India?

    <p>IRDA</p> Signup and view all the answers

    What is the primary purpose of an SEZ (Special Economic Zone)?

    <p>Encouraging foreign investment</p> Signup and view all the answers

    What concept is associated with the surrender value in insurance policies?

    <p>Endowment policy</p> Signup and view all the answers

    In the context of trade, what is the term used for a person who speculates for quick profits?

    <p>Stag</p> Signup and view all the answers

    What type of insurance policy guarantees a fixed sum assured to the insured irrespective of policyholder's survival?

    <p>Whole life policy</p> Signup and view all the answers

    What is the primary function of a 'jobber' in financial markets?

    <p>To make markets more liquid by constantly dealing in securities</p> Signup and view all the answers

    What is the key characteristic of an 'ATM' in banking services?

    <p>It allows customers to perform cash transactions without physically visiting a bank branch</p> Signup and view all the answers

    What is the main purpose of a 'Bill of Lading' in international trade?

    <p>To serve as a receipt for goods shipped and evidence of the contract of carriage</p> Signup and view all the answers

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