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CUET Business Studies 2022 PYQs6 Oct Shift 1. Free, no login required.

Business Studies

past year questions, CUET Business Studies 2022 6 Oct Shift 1

Financial Markets

past year questions, Business Studies, CUET Business Studies 2022 6 Oct Shift 1

Hard

SEBI is an interim administrative body to promote orderly and healthy growth of securities market

Find out the correct statements about SEBI

A. SEBI was established on 12 April 1988 as an administrative body to promote orderly growth of stock market

B. The act of Parliament that governs SEBI is SEBI Act, 1994

C. The basic purpose of SEBI is to form new enterprises

D. SEBI doesn't protect the rights and interest of investors

E. SEBI is a separate regulatory body

Choose the correct answer from the option given below:

Solution

✅ Correct Option: 3

Statement A is correct as SEBI was set up on 12 April 1988. Statement E is correct as SEBI is a separate statutory regulatory body. Statement B is incorrect because SEBI is governed by SEBI Act, 1992, not 1994. Statements C and D are also incorrect. So only A and E are true.

Related questions:

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Match the items of List I with the correct items of List II

List IList II
A. Treasury BillI. Companies use it for bridge financing
B. Commercial PaperII. Used for inter bank transactions
C. Call moneyIII. Issued by RBI on behalf of Central government
D. Commercial BillIV. It is a bill of exchange used to finance the working capital requirement of business

Choose the correct answer from the options given below :

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From the following identify the short term, negotiable, self liquidating instrument used to finance the working capital requirements of business firms.

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Which of the following is not a function of Stock Exchange?

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CUET Business Studies Past Year Questions (Topic-Wise)