56. Money times we read a term 'Hot Money' in newspaper. What is/are the characteristics of Hot Money?
    1. The term is used for fresh currency notes issued by the RBI.
    2. It is the fund which flows in the market to take advantage of high interest rates.
    3. It is the fund which is thrown in the market to create in balance in the stock markets.
    Codes

1. 1. Only 1

   
   
   

   2. Only 2

   
   
   

   3. Only 3

   
   
   

   4. All 1, 2 and 3

   
   
   

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   N/A

   Correct Option: B

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57. What is Indo Next which was launched in January, 2005?

1. 1. A new scheme to promote Indian tourism.

   
   
   

   2. A new scheme to promote export of Indian handicrafts

   
   
   

   3. An association of the Non-Resident Indians to Organise Bharatiya Diwas every year in India.

   
   
   

   4. An alternative trading platform being promoted by the Mumbai Stock Exchange and Regional Stock Exchange

   
   
   

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   N/A

   Correct Option: D

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58. Many a time we read in the newspapers a term 'Hot Money'. Which of the following is the correct definition of Hot Money?

1. 1. This is the fund which is dumped into a country to get the advantage of a favourable interest rate and hence brings higher returns.

   
   
   

   2. This is the fund which is provided by a bank in US Dollar at very short notice and at a very high rate of interest and for a longer period of repayment

   
   
   

   3. This is the fund which is pushed into market through Hawala or some other such illegal method and is sometimes referred to also as Black Moeny

   
   
   

   4. Both 'a' and 'c'

   
   
   

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   N/A

   Correct Option: A

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59. In the parlance of financial investments, the 'bear' denotes

1. 1. An investor who feels that the price of a particular security is going to fall.

   
   
   

   2. An investor who expects the price of particular shares to rise

   
   
   

   3. A shareholder or a bondholder who has an interest in a company, financial or otherwise

   
   
   

   4. Any lender whether by making a loan or buying a bond

   
   
   

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   N/A

   Correct Option: A

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60. What is Call Money?

1. 1. Money borrowed of lent for a day or overnight

   
   
   

   2. Money borrowed for more than one day upto 3 days

   
   
   

   3. Money borrowed for more than one day but upto 7 days

   
   
   

   4. Money borrowed for more than one day but upto 14 days

   
   
   

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   N/A

   Correct Option: A

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