Business and Commerce

✅ The correct answer is C.
The Securities and Exchange Board of India (SEBI) is the regulator of the securities and commodity market in India owned by the Government of India. It was established on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992.

✅ The correct answer is B.
Public deposits obtained by a company means deposits received from public at large. Any member of the public can fill up the prescribed form and deposit the money with the company.

✅ The correct answer is B.
A debenture is an acknowledgement of a debt. An undertaking to repay a sum of money as a debt by a company which has been deposited with or lent to the body. They are usually secured by fixed charge and floating charge.

✅ The correct answer is D.
The limit for maximum number of members in a public company is Unlimited.

✅ The correct answer is C.
Stationary layout is suitable for manufacturing bulky products. In case of production of large variety of non-standardized products, process layout is ideal.

✅ The correct answer is C.
The Marketing co-operatives are associations of producers for selling their products at remunerative prices. These are voluntary associations of independent producers who want to sell their output at remunerative prices.

✅ The correct answer is A.
A call option is the right (not obligation) to buy stock in the future at a fixed price and a put option is the right (not obligation) to sell

✅ The correct answer is A.
The over-the-counter exchange of India (OTCEI) is an electronic stock exchange based in India that consists of small- and medium-sized firms aiming to gain access to the capital markets like electronic exchanges in the U.S. such as the Nasdaq, there is no central place of exchange, and all trading occurs through electronic networks.

✅ The correct answer is A.
Small scale firms are more flexible in their functioning. These units are more adaptable to their changing business environment.

✅ The correct answer is B.
When a transfer of shares takes place by the operation of law, it is known as Transmission of shares. The transmission of shares occurs due to the operation of law i.e. in case if the member passes away or becomes insolvent/lunatic.