Economics STOCK, DEBENTURES AND FOREIGN TRADE Test 16

1.Bombay Stock Exchange is the ______ stock exchange of Asia.

2. In which year was the Foreign Exchange Management Act (FEMA) enacted to replace the Foreign Exchange Regulation Act (FERA)?

3.The index titled SENSEX of BSE (erstwhile Bombay Stock Exchange) is an index of trading of top ______ companies in terms of their volume of trade and their share prices.

4.Which of the following is the oldest stock exchange in India?

5.In which year was the Bombay Stock Exchange established ?

6. Bombay Stock Exchange became the first stock exchange in India to launch commodity derivatives contracts in gold and _________.

7. In which year was the first Exchange-traded Index Derivative Contract traded on the Bombay Stock Exchange (BSE)?

8. _____ is a situation of very low rate of interest in the economy where every economic agent expects the interest rate to rise in future and consequently bond prices to fall, causing capital loss.

9.Which central agency is responsible for the regulation of the Stock Market in India ?

10. In economic, IPO stands for_______.

11. A/an _______ stock is the stock of a large, well-established and financially sound company that has operated for many years.

12. Which theory is used to make long-run predictions about exchange rates in a flexible exchange rate system ?