Question
Which of the following represents a
‘security’ under the Securities Contracts (Regulation) Act 1956 to trade gold in form of a security on stock exchanges?Solution
An ‘Electronic Gold Receipt’ (EGR) is an electronic receipt issued on the basis of deposit of underlying physical gold in accordance with the regulations made by SEBI. SEBI had, in September 2021, given its nod for setting up a gold exchange wherein the gold will be traded in the form of an EGR. SEBI had then said that any recognised stock exchange, existing as well as new, can launch trading in EGRs in a separate segment. In December 2021, the Finance Ministry has specified EGR as ‘securities’ under the Securities Contracts (Regulation) Act 1956, paving way for trading of such instruments on any new gold exchanges that may come up in the country. This move would also enable trading of EGR in existing exchanges under a separate segment. Like shares, EGRs will be held in demat form and can be converted into physical gold when needed. With this move, EGR will have trading, clearing and settlement features akin to any other securities. Conceptual discussions in live classes for solid foundation of concepts
Which of the following is not correct regarding adjusted R2?
...Which of the following is not an assumption of Keynesian Simple model?
In monopolistic competition, long-run equilibrium occurs where price is:
To gauge the sacrifice made by a taxpayer, we should use the _____ tax rate.Â
C= 0.8(1-t)Y , t=0.25, I=200 and G=800. Calculate the change in output when tax rate increases to 0.50
Which of the following four-firm concentration ratios is most consistent with perfect competition?
If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
Calculate personal income:
...
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
...Commodity X and Y have an equal price elasticity of supply. The supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Cal...
