23.22      ndian    onom
          1. Long repayment period                      16. Consider the following statements regarding
          2. Large value of contracts                       ‘angel investors’.
          3. Difficult economic and political                1. Investors who provide financial
              conditions in the importing countries              backing to entrepreneurs for starting
          4. Non-availability of reinsurance for                 their business.
              such external projects                         2. They are investors with positive
                                                                 spillover effects.
         Select the answer using the code give below:
                                                             3. They may provide finance as loan or as
         (a) 1, 2 and 3                                          share capital in the upcoming business.
         (b) 1, 3 and 4                                      4. They usually invest in person rather
         (c) 2, 3 and 4                                          than the economic viability of business.
         (d) 1, 2, 3 and 4                                   5. They are usually from the entrepreneur’s
     14. Consider the following statements about                 family and friends, but may be from
         derivatives in India.                                   outside, too.
          1. A security derived from a debt                  6. Venture capital funds serve similar
              instrument, share, secured or                      purpose to the extent arrangement of
              unsecured loan.                                    investible capital is concerned.
          2. A contract which derives its value from        Select the incorrect statements using the
              the prices or index of underlying assets.     code given below:
          3. A security derived from exchange rates         (a) 1, 2 and 5
              and interest rates.                           (b) 2, 3 and 4
          4. It may be derived from monsoon                 (c) 3, 5 and 6
              forcasting.                                   (d) None of the above
         Select the correct statements using the code   17. Consider the following items with respect
         given below:                                       to India’s capital account.
         (a) 1, 2 and 3                                      1. foreign currency deposits of the banks
         (b) 1, 3 and 4                                      2. private remittances
         (c) 2, 3 and 4                                      3. security market investments by the
         (d) 1, 2, 3 and 4                                       RFPIs and QFIs
     15. ‘Net income’ term was recently in news—             4. foreign direct investment
         which of the following is correct about it?         5. external bonds issued by the GoI
         (a) It is balance of a company’s total              6. merchandise trade balance
              income and its total expenditure.              7. interest liabilities of the expernal loans
         (b) The profit of a company after paying
                                                            Which among the above items is associated
              corporate tax.
                                                            with India’s capital account?
         (c) The income earned by a company over
                                                            (a) 1, 3, 4 and 5
              their losses and interest payments.
                                                            (b) 2, 4, 6 and 7
         (d) The income of a company without
              deducting their losses.                       (c) 1, 5, 6 and 7
                                                            (d) 1, 3, 6 and 7