23.14      ndian    onom
          4. Brokers have no compulsions of                  2. This is completely opposite to the
              quoting two-way prices of securities                public issue route where no negotiation
              though they may do so voluntarily.                  takes place with the investors.
         Which of the above statements are correct?          3. Other than the foreign and domestic
                                                                  financial institutions, individuals too
         (a) 1, 2 and 3
                                                                  can participate in it.
         (b) 2, 3 and 4
         (c) 1, 3 and 4                                     Which of the above statements are
         (d) 1, 2, 3 and 4
                                                            (a) 1 and 2
     16. Consider the following statements regarding        (b) 2 and 3
         Commodity Future Trading in India.
                                                            (c) 1 and 3
          1. It is the best tool of maintaining stable
                                                            (d) 1, 2 and 3
              prices for the commodities.
          2. Price discovery at Commodity               18. Consider the following statements related
              Exchanges discounts the local and             to a limited liability firm.
              global factors in the process of price         1. Nominal Capital of a company is the
              search.                                             limit up to which a company can issue
          3. This is highly suitable for the                      shares.
              agricultural commodities in India              2. Registered Capital and Authorised
              where highest price fluctuations                    Capital of a company are synonyms.
              happen due to various natural and              3. Paid-up Capital of a company can
              man-made reasons.                                   never be more than its Issued Capital.
          4. At times, GoI bans trading in certain           4. Upper limit of Paid-up Capital of a
              agricultural commodities as in short-               company is its Authorised Capital.
              term it may lead to speculative price         Select the correct statements using the code
              rises.                                        below.
         Which of the above statements are                  (a) 1, 2 and 3
         correct?                                           (b) 2, 3 and 4
         (a) 1, 2 and 3                                     (c) 1, 3 and 4
         (b) 2, 3 and 4                                     (d) 1, 2, 3 and 4
         (c) 1, 3 and 4
                                                        19. Consider the following statements related
         (d) 1, 2, 3 and 4                                  to the Angel Investors.
     17. Consider the following statements about             1. Such investors are focused on helping
         the ‘private placement’ route to raise capital           the business succeed rather than
         from the primary security market.                        reaping a huge profit from their
          1. Shares are sold to a select group of                 investment.
              investors through a process of direct          2. Conceptually, in profit motive, they are
              negotiations.                                       exact opposite of a ‘venture capitalist’.