Quiz 325 – Daily Current Affairs

1. SEBI stand for-

(a) Social and Exchange Board of India.

(b) Securities and Exchange Board of India.

(c) Securities and Expanses Board of India.

(d) Securities and Exchange Board of Industrial.


 

2. Assertion (A): SEBI had pronounced different punishment in similar offences done by different market players.

Reason (R): The order of SAT has come in the wake of an appealed field by Almonds Global Securities Ltd.

(a) Both A and R are true and R is the correct explanation of A.

(b) Both A and R are true but R is not the correct explanation of A.

(c) A is true but R is false.

(d) A is false but R is true.


 

3. Which of the following statement(s) about SEBI, is/are correct?

  1. Securities Appellate Tribunals (SAT), in a recent order, pulled up SEBI for their unjust punishments that they inflicted on some media players.
  2. SAT gives strength to the accusation leveled at SEBI, about lack of uniformly, on part of SEBI, in penalizing market players.
  3. Set-up under the provision of section 15K of the SEBI, Act, 1992 Securities Appellate Tribunal (SAT) is a statutory body.

(a) Only 1

(b) Both 1 and 3

(c) Both 2 and 3

(d) All of these


 

4. Assertion (A): SEBI is most probably the most important regulatory body.

Reason (R): It is very much similar, in its function and nature, to the securities Exchange Commission in the US.

(a) Both A and R are true and R is the correct explanation of A.

(b) Both A and R are true but R is not the correct explanation of A.

(c) A is true but R is false.

(d) A is false but R is true.


 

5. Which of the following statement(s) about SEBI’s objective is/are correct?

  1. To protect the interest of investors in the securities markets.
  2. To encourage the development of and to regulate the securities markets with an intention to create a dynamic and efficient securities marked.

(a) Only 1

(b) Only 2

(c) Both 1 and 2

(d) Neither 1 nor 2


 

6. When was SEBI set-up?

(a) 1988

(b) 1992

(c) 1994

(d) 1986


 

7. Which of the following statement(s) about the condition in which the consumers can file their complaints in SEBI is/are correct?

  1. In case the consumer does not receive refund order or allotment advice in case of investment in IPOs, FPOs and Rights issues.
  2. In case the consumer does not receive dividend from listed companies.
  3. In case the consumer does not receive rights offers letter.

(a) Only 1

(b) Both 1 and 3

(c) Both 2 and 3

(d) All of these


 

8. To file a complaint, in SEBI, related to other compliance issues the complainant has to-

 

  1. File the complaint electronically on the SEBI website
  2. Obtain a complaint registration number
  3. Pursue the States of the complaint online.

Which of the above statement(s) is/are correct?

(a) Only 1

(b) Both 1 and 3

(c) Both 2 and 3

(d) All of these


 

9. Match the followings:

List – I (Schemes)

A. Ujjwala Yojana

B. Gram Uday se Bharat Uday Abhiyan

C. Ujala Yojana

List – II (objectives)

  1. To provide five crore LPG connections to women in BPL households.
  2. To promote rural development and foster farmers’ welfare and livelihoods to poor.
  3. To provide LED Bulbs

Codes: A – B – C

(a) 1 – 2 – 3

(b) 2 – 1 – 3

(c) 3 – 2 – 1

(d) 2 – 3 – 1


 

10. In 63rd National Film Award, the Best Popular Film Award has been given to-

(a) Baahubali

(b) Piku

(c) Bajrangi Bhaijaan

(d) Tanu weds Manu Returns


 

Answers:

  1. (b) Securities and Exchange Board of India.
  2. (b) Both are true but R is the not correct explanation of A.
  3. (d) All statements are correct.
  4. (a) A and R is true and R is the correct explanation of A.
  5. (c) Both are correct.
  6. (a) SEBI was formed with a purpose to meet the requirements of three groups. These three groups are: (i) Issuer; (ii) Investors; (iii) Intermediaries.
  7. (d) All statements are correct.
  8. (d) All are correct. One can approach SEBI with the appeals related to other areas such as corporate governance, corporate restructuring, acquisitions buybacks, detesting and other compliance linked issues.
  9. (c) A – 1, B – 2, C – 3
  10. (c) On 3 May, 2016, the 63rd National Film Awards were presented by Hon’ble President Mr. Pranab Mukherjee.

Best Popular Film Award goes to Bajrangi Bhaijaan.

Best Feature Film Award goes to Baahubali.

Best Actor Award goes to Amitabh Bachchan for Piku.

Best Actress Award goes to Kangana Ranaut for Tanu Weds Manu Returs.

Also Read:

Quiz 323  Daily Current Affairs

Quiz 321 – Daily Current Affairs

Quiz 319 – Daily Current Affairs

Quiz 312 – Daily Current Affairs

1 COMMENT

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