Which one of the following pools money from various investors in order to purchase securities?

Related MCQs

• Which of the following is/are true about bill of exchange? A) A bill of exchange requires in its inception two parties. B) A bill of exchange or “draft” is a written order by the drawer to the drawee to pay money to the payee. C) Bills of exchange are used primarily in international trade, and are written orders by one person to his bank to pay the bearer a specific sum on a specific date. D) Definition of ‘Bill of Exchange’ is mentioned in Section 6 of the Negotiable Instrument Act.
• Which of the following is the clearing agency for Government securities?
• Which one of the following is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds?
• RAM a transporter has been granted a loan for purchase of a truck. You will create which of the following charge.
• Collateral securities can be _____?
• Which of the following is/are false about Dishonour of Cheque? A) Section 138 defines Dishonour of cheque for insufficiency, etc., of funds in the account. B) Such cheque has been presented to the bank within a period of twelve months from the date on which it is drawn or within the period of its validity, whichever is earlier C) Imprisonment for such offence may be extended for period of five year D) Section 138 apply unless – the drawer of such cheque fails to make the payment of the said amount of money to the payee or, as the case may be, to the holder in due course of the cheque, within fifteen days of the receipt of the said notice.
• Mortgage borrowers must pay 20 percent of the home’s purchase price at closing as a down payment.
• Which of the following is/are true about the Negotiable Instruments Act, the Promissory Note is … A) Definition of Promissory Note is given in section 8 of the Negotiable Instrument Act B) Containing an unconditional undertaking C) To pay a certain sum of money only to a specific person or the bearer D) The seller is bound to accept the promissory note E) A document was written and signed by the payer/maker
• On which rate bases, overnight money is needed by bank from RBI?
• The written instructions given by the customers to banker to perform the services like collection and payment of money is noted down in