
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?


Important Questions on Indian Economy
Full convertibility of the rupee may mean
1. Its free float with other international currencies.
2. Its direct exchange with any other international currency at any prescribed place inside and outside the country.
3. It acts just like any other national currency.
Which of the statements given above is/are correct?


1. American depositary receipts are securities of a non-US company that trade in the US financial markets.
2. ADR is a negotiable security that represents securities of companies that is foreign to the market on which the DR trades.
Which of the statements given above is/are correct?



The financial sector Legislative Reforms Commission report submitted recently, among others, contained which of the following proposals ?
1 . All regulators will have an empowered Board, the role of each of the members has been defined.
2. The commission envisages an important process of judicial review of the regulations.
3. The draft code does not mention about executive powers
Select the correct answer using the codes given below..

List I List II
Publishers Publication
A. Ministry of Industry 1. Report on Currency and Finance
B. Central Statistical Organisation 2. Economic Survey
C. Reserve Bank of India 3. Wholesale Price Index
D. Ministry of Finance 4. National Accounts Statistics

Consider the following statements:
1. Individuals, trusts and non-profit making organisations are not eligible to raise External Commercial Borrowings (ECBs).
2. ECB for investment in the real sector especially infrastructure sector in India is allowed under the Automatic Route.
Which of the statements given above is/are correct?
