The USA, as reported in the leading newspapers is proceeding towards ‘recession’. What happens when an economy goes in the grip of ‘recession’ ?
1. GDP growth slows down.
2. People lose their jobs.
3. Foreign exchange reserve goes up substantially as lot of loans/grants start pouring in.

Which of the following countries has offered knighthood to Salman Rushdie?

Which of the following countries is governed by the Norweigianmediated ceasefire Agreement to end its dispute with a group of rebellions ?

As per the news report SEBI has allowed short selling by FIs/MFs from February 1, 2008. What is ‘short selling’ ?
1. Selling of shares that the seller does not own at the time of trading.
2. Selling of shares on the same day or on the day they were allotted to the trader.
3. Selling of shares on a much lower price due to turbulent market situations

The Government of India has bought RBI’s entire stake in the State Bank of India in about Rs. 35, 531 crores. What is the share of the RBI in total snake of the State Bank?

As per the reports in the leading newspapers Securities and Exchange Board of India (SEBI) has asked the Mutual Fund industry to stop ‘Misselling’ their schemes to
investors. What is ‘Misselling’ of products ?
1. Misselling takes place when mutual funds are sold without telling the likely returns.
2. When agents sell the products without telling investors what are the risks involved in investing in mutual funds.
3. When agents invest somebody’s money in mutual funds without their knowledge, it is called misselling.