Under the member constituent agreement, trading members are required to make the clients aware of which of the following?
1. Trading segment in which the trading member is admitted.
2. SEBI registration number.
3. Basic risks involved in trading on the exchange.
Select the correct answer
Which of the following statement/s is/are correct?
1. Small Industry Development Bank of India (SIDBI) was set-up as a whole owned subsidiary of the RBI.
2. SIDBI has taken over the responsibility of administering Small Industry Development Fund managed by the IDBI.
Which of the following correctly describes, what the Bancassurance is
1. It is an arrangement where by the branches of a bank sell/distribute insurance products of an insurance company.
2. It is a new product developed/launched by the banks in which the risks of the high value customers are covered for any losses to their property and/or lives through an insurance cover.
3. It is a new product launched by the banks by which they are providing insurance cover to exporters/importers for the losses, if any due to high fluctuations in the exchange rates of dollars and other major currencies.
Select the correct answer
Which of the following statement/s is/are correct of floating Rate Notes?
1. These are debt instruments on which variable interest rate is payable.
2. The rate of interest is linked to a benchmark rate of interest and changes with the change in such bench mark rate of interest.