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Select the correct answer of the following statements<br>Statement (I): A Global Depositary Receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company.<br>Statement (II): A GDR is similar to American Depositary Receipt (ADR).<br>Statement (III): GDRs are called EDRs when private markets are anempting to obtain euros.

Correct Answer: Statements (I), (II) and (III) are correct

Consider the following statements.
1. A profit maximising monopolist in different markets will adjust his sales in the two markets, so that his MR in each market just equals his MC.
2. A profit maximising monopolist in separate markets will not adjust his sales.
3. A profit maximising monopolist in separate markets will adjust his sales in the two markets, so that his MR in each market will greater than MC.
4. A profit maximising firm in separate markets will adjust his sales in each market so, that his MR is less than MC.
Which of the statement(s) given above is/are correct?

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form acoherent paragraph.
P: The recent reduction in interest rates in the US and the injection of liquidity have resulted in investors seeking new avenues such as commodity markets, in view
of the turbulence in financial markets and the low returns in treasuries.
Q: The relatively easy liquidity and low interest rates, by themselves, make holding of inventories attractive and thus induce volatility in commodity markets.
R: The financialisation of commodity trade and current extraordinary conditions in global financial markets could have influenced the spurt in prices.
S: The weakening of the US dollar is also advanced as a reason for the recent volatility in commodity markets, including food items.

Which of the following statement is/are correct?
1. The Government of India has power to cede Indian territory in favour of a foreign country.
2. Any territory of India can be ceded in favour of the foreign country only if there is an agreement between the heads of the two States.
3. Indian territory can be ceded to a foreign country only in accordance with Article 368 of the Constitution of India.
4. The Indian territory can not be ceded to any foreign country.
Select the correct answer:

A company having paid-up share capital of rupees ten lakhs or more is required to submit a certificate to the Registrar of Companies. This certificate is called Compliance Certificate. By whom this certificate is issued?

Which of the following documents are required in export documentation?
1. Commercial invoice
2. Guaranteed remittance (GR) form
3. Certificate of measurement
4. Certificate of inspection
5. Freight declaration
6. Shipping bill
7. Consular invoice
8. Certificate of origin
9. Bill of lading
10. Mate's receipt
Select the correct answer

Which of the following documents are required in export documentation?1. Airway bill and transport documentation
2. Guaranteed Remittance (GR) form
3. Certificate of measurement
4. Certificate of inspection
5. Freight declaration
6. Shipping bill
7. Bill of import
8. Certificate of origin
9. Bill of lading
10. Mate's receipt
Select the correct answer

S1: A man handed a pair of trousers to the departmental store-clerk and said,"I'd like these altered, please".
P: He said that free alteration is not possible without a receipt.
Q: The man said,"Okay, I'd like to return the trousers". The clerk took them back and returned his money.
R: The man pushed the money and said,"Now I want to buy them". The clerk put the trousers in a bag, issued receipt and handed him both.
S: The clerk asked for the sales receipt but after searching his pockets the man replied that he had lost it.
S6: Triumphantly he put the trousers and the receipt on the counter and said,'I'd like to have these altered, please."

The Proper sequence should be:

A company issued 1,00,000 equity shares of the face value of Rs. 100 each at Rs. 100 per share. So far Rs. 75 per share has been called up including Rs. 25 on allotment and Rs. 25 on first call. X to whom 200 shares were issued failed to pay the first call. His shares were forfeited and re-issued to Y at Rs. 70 per share as fully paid-up. The amount to be transferred to Capital Reserve a/c would be:

In order to raise finance, which of the following securities can be issued by a company?
1. Equity Shares
2. Redeemable Equity Shares
3. Redeemable Debentures
4. Redeemable Preference Shares
5. Bonus Shares
Select the correct answer:

A Ltd. issued a prospectus inviting applications for 2,000 shares. Applications were received for 3,000 shares and pro-data allotment was made on the applications of 2,400 shares. If A has been allotted 40 shares, how many shares he must have applied for ?