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Some bikes are cars(I) + Some cars are motors(I) ⇒ No conclusion. Hence conclusion I, II and IV does not follow but conclusion I and IV will form a complementary pair. Hence either conclusion I or IV follow. Some bikes are cars(I) ⇒ Conversion ⇒ Some cars are bikes(I) ⇒ Probable conclusion ⇒ All cars being bikes is a possibility.(A). Hence conclusion III follows. ALTERNATE SOLUTION: Minimal possibility:
Shares of Vinay Ltd. And Sagar Ltd. are currently traded at Rs.100 and Rs. 20 respectively. Vinay Ltd is acquiring Sagar Ltd and the market price of bot...
According to the IFSCA (BATF) Regulations 2024, what must be the legal form of an entity applying to provide BATF services?
Non-Banking Financial Companies (NBFCs) are the Financial Intermediaries engaged primarily in the business of
i. Accepting Deposits
ii. Le...
What is the primary objective of the Corporate Debt Market Development Fund (CDMDF), as per SEBI Annual Report 2023-24?
Consider the following about Prevention of Money Laundering Act.
I. PMLA was enacted in 2002 and it came into force in 2005.
II. The PL...
According to the IFSCA Circular issued on January, 2024, what purpose code should be used by AD banks in their Balance of Payments (BOP) file to report ...
Which of the following is a disadvantage of project finance?
Which insurtech startup has entered into a strategic partnership with the Life Insurance Corporation of India (LIC) through which the latter’s produc...
Under the regulation of which act can scheduled commercial bank take equity stake in a payments bank to the extent permitted?
Annual Cost Saving ₹4,00,000; Useful life 4 years; Cost of the Project ₹11,42,000. The Payback period would be-