992. The E‐payment mechanism widely used in B2B is.

by
Credit card
Debit card
Master card
E‐cheque
✅ The correct answer is D.
The E‐payment mechanism widely used in B2B is E‐cheque. An electronic version or representation of a paper cheque. The account holder writes an e-check (or e-cheque) using a computer or other type of electronic device and transmits the e-cheque to the payee electronically. Like paper cheques, e-checks are signed by the payer and endorsed by the payee.

991. Betas tend to move towards 1.0 with passage of time are classified as

by
standard betas
varied betas
historical betas
adjusted betas
✅ The correct answer is D.
Betas tend to move towards 1.0 with passage of time are classified as adjusted betas. The Adjusted Beta is an estimate of a security’s future Beta. Adjusted Beta is initially derived from historical data, but modified by the assumption that a security’s true Beta will move towards the market average, of 1, over time.

1006. A usage of proceeds of new issue to retire issue with high-rate is classified as

by
refunding operation
funding operation
proceeds operation
deferred operation
✅ The correct answer is A.
A usage of proceeds of new issue to retire issue with high-rate is classified as refunding operation. Refunding is the process of retiring or redeeming an outstanding bond issue at maturity by using the proceeds from a new debt issue. The new issue is almost always issued at a lower rate of interest than the refunded issue, ensuring significant reduction in interest expense for the issuer.

1002. Situation in financial options in which strike price is less than current price of stock is classified as

by
in-the-money
out-of-the-money
out-of-the-portfolio
in-the-portfolio
✅ The correct answer is A.
Situation in financial options in which strike price is less than current price of stock is classified as in-the-money. A call option is in the money (ITM) if the market price is above the strike price. A put option is in the money if the market price is below the strike price.