‘AcBoth (A) and (B) are correct and (R) is the correct explanation of (A)
B:-Both (A) and (B) are correct and (R) is not the correct explanation of (A)
CoA) is correct but (R) is not correct,
D(A) is not correct but (R) is correct,
Correct Answer:- Option ®
Question30:-The type of factoring in which the factor recovers the amount advanced from client in case of non-payment by customer?
‘A:Bill Discounting
B:-Non-Recourse factoring
CeRecourse factoring
D:-Bil collection
Correct Answer:- Option-C
Question31:-Name the letter of credit in which an advance payment is made to exporter for purpose of procuring shipment material?
‘AcRed Clause LC
B:-Green Clause LC
ലി Clause LC
D-Pink Clause LC
Correct Answer:- Option-é
‘Question32::Which among the following is/are the qualitative credit control measures adopted by RBI?
0 Maximum limit of credit for specific purpose

(ii) Differential rate on certain types of advancement,
(ili). Open market operations

(iv). Margins
i i) ೫೧ರ (0)
8:00, (0) 8೧ರ 0)
८0, ७) ७५ ॥)
Dei i) and tiv)

Correct Answer: Option-D

‘Question33:-Which among the following is/are true for Private placement?
(i) Issued toa select group of persons not exceeding 49

0) Issued to existing share holders

(ii) tis neither a rights nor a public issue

(iv) tt does not involve consideration

sti) and i)
8:00) 8೧ರ (1)
oti ane iv)
Dei) and (i

Correct Answer: Option-D
‘Question34::Which of the following statements about the Securities and Exchange Board of India is correct?
‘A-One of the objectives of setting up SEB! was to protect the interests of investors,
B:-SEBI was established under the Securities (Contract and Regulation) Act, 1956
(C-SEBI was formed from among the Directors of stock exchanges in India
D:-SEBI issued various rules and regulations to help bring monetary gains for investor
Correct Answer: Option:
‘Question35::Which among the following is/are true about factoring?
(0 The idea of providing factoring services in India was first thought by Tandon Committee
(0). The idea of providing factoring services in India was first thought by Vaghul Committee
(ii) A type of debtor finance in which a business sells its accounts receivable to a third party at a discount
(५) ॥ ७ ठ credit facility provided by a bank in its ordinary course of business against secutity of receivables
Ac(i) and (i) are correct
Bei) and (ii) are correct
ழு) and (ii) are correct
D-(i) and (iv) are correct
Correct Answer: Option-C
Question36:-Match the following information about regulating agencies.
1. RBI - i, 2005
SEBI- ji. 1999,

2
3. IRDA- iil, 1934
4, PFRDA- iv. 1992