Correct Answer: Regulating agricultural marketing in specified areas

Solution : The correct answer is (c) Regulating agricultural marketing in specified areas.

APMC is a statutory body established by state governments in India to regulate and supervise the marketing of agricultural produce within designated market areas. The main objective of APMC is to ensure fair trade practices, protect the interests of farmers, and provide a transparent platform for buying and selling agricultural commodities.

The key functions of the APMC include:

1. Regulating market practices: APMCs regulate the buying, selling, and storage of agricultural produce in designated market yards or mandis. They enforce rules and regulations to prevent unfair practices, ensure transparency in transactions, and protect farmers from exploitation.

2. Setting up market infrastructure: APMCs establish and maintain market yards, auction platforms, warehouses, cold storage facilities, and other necessary infrastructure for the smooth functioning of agricultural markets.

3. Price discovery: APMCs facilitate price discovery mechanisms through transparent auctions, negotiations, and competitive bidding processes. They provide a platform where buyers and sellers can interact and determine fair prices for agricultural produce.

4. Quality control and grading: APMCs enforce quality standards for agricultural commodities and provide grading services to ensure consistency and reliability in the quality of produce traded in the markets.

5. Collection of market fees and charges: APMCs collect market fees, levies, and charges from buyers and sellers as per the state regulations. These fees contribute to the maintenance and development of market infrastructure.

Correct Answer: SEBI (Securities and Exchange Board of India)
   

Solution : The correct answer is (b) SEBI (Securities and Exchange Board of India).

SEBI (Securities and Exchange Board of India) is the regulatory authority for the Indian stock market. It is an independent statutory regulatory body established in 1988 and operates under the jurisdiction of the Ministry of Finance, Government of India. SEBI's primary objective is to protect the interests of investors and promote the development and regulation of the securities market in India.

SEBI plays a vital role in regulating various participants in the Indian securities market, including stock exchanges, brokers, merchant bankers, portfolio managers, and other market intermediaries. 

Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.

The assertion that the Employee State Insurance (ESI) Act provides social security and health insurance benefits to workers is true. The ESI Act is a social security and health insurance scheme in India that provides medical benefits, sickness benefits, maternity benefits, and various other benefits to employees.

The reason provided is also true. The ESI Act is applicable to establishments with ten or more employees. This means that if an establishment meets the criteria of having ten or more employees, it is mandated to provide ESI benefits to its workers as per the provisions of the ESI Act.

Therefore, both the assertion and the reason are true, and the reason correctly explains why the ESI Act provides social security and health insurance benefits to workers in establishments with ten or more employees.

Correct Answer: SEBI (Securities and Exchange Board of India)
   

Solution : The correct answer is (b) SEBI (Securities and Exchange Board of India).

SEBI (Securities and Exchange Board of India) is the regulatory authority for the Indian stock market. It is an independent statutory regulatory body established in 1988 and operates under the jurisdiction of the Ministry of Finance, Government of India. SEBI's primary objective is to protect the interests of investors and promote the development and regulation of the securities market in India.

SEBI plays a vital role in regulating various participants in the Indian securities market, including stock exchanges, brokers, merchant bankers, portfolio managers, and other market intermediaries. 

Correct Answer: Assisting companies in mergers and acquisitions
  

Solution : The correct answer is (b) Assisting companies in mergers and acquisitions.

The main role of an investment bank in the capital market is to assist companies in mergers and acquisitions (M&A) activities. Investment banks provide advisory services and support to companies involved in buying, selling, or merging with other companies.Investment banks play a crucial role in M&A transactions by providing expertise and guidance throughout the entire process. They help companies assess potential targets, evaluate the financial and strategic implications of the transaction, and negotiate the terms of the deal. Investment banks also assist in structuring the transaction, raising capital, and facilitating the necessary regulatory approvals.

Correct Answer: Assisting companies in mergers and acquisitions
  

Solution : The correct answer is (b) Assisting companies in mergers and acquisitions.

The main role of an investment bank in the capital market is to assist companies in mergers and acquisitions (M&A) activities. Investment banks provide advisory services and support to companies involved in buying, selling, or merging with other companies.Investment banks play a crucial role in M&A transactions by providing expertise and guidance throughout the entire process. They help companies assess potential targets, evaluate the financial and strategic implications of the transaction, and negotiate the terms of the deal. Investment banks also assist in structuring the transaction, raising capital, and facilitating the necessary regulatory approvals.

Correct Answer: Regulating and supervising the capital market
  

Solution : The correct answer is (a) Regulating and supervising the capital market.

The Securities and Exchange Board of India (SEBI) is the regulatory body in India that is responsible for regulating and supervising the capital market. SEBI's primary objective is to protect the interests of investors and promote the development and regulation of the securities market in India. SEBI plays a crucial role in regulating various participants in the capital market, such as stock exchanges, brokers, merchant bankers, and other intermediaries. It formulates regulations and guidelines to ensure fair and transparent practices, prevent fraud and market manipulation, and promote investor education and awareness.

Correct Answer: Assisting companies in mergers and acquisitions
  

Solution : The correct answer is (b) Assisting companies in mergers and acquisitions.

The main role of an investment bank in the capital market is to assist companies in mergers and acquisitions (M&A) activities. Investment banks provide advisory services and support to companies involved in buying, selling, or merging with other companies.Investment banks play a crucial role in M&A transactions by providing expertise and guidance throughout the entire process. They help companies assess potential targets, evaluate the financial and strategic implications of the transaction, and negotiate the terms of the deal. Investment banks also assist in structuring the transaction, raising capital, and facilitating the necessary regulatory approvals.

Correct Answer: Regulating and supervising the capital market
  

Solution : The correct answer is (a) Regulating and supervising the capital market.

The Securities and Exchange Board of India (SEBI) is the regulatory body in India that is responsible for regulating and supervising the capital market. SEBI's primary objective is to protect the interests of investors and promote the development and regulation of the securities market in India. SEBI plays a crucial role in regulating various participants in the capital market, such as stock exchanges, brokers, merchant bankers, and other intermediaries. It formulates regulations and guidelines to ensure fair and transparent practices, prevent fraud and market manipulation, and promote investor education and awareness.

Correct Answer: Rs 33,000

Solution : Cash in hand                   =    4,390
(+) Subscription               =    37,600
(+) Donation                    =    8,000
(+) Entrance fee              =    4,300
(+) Rent received            =    5,250
(-) Electricity charges      =    (3,440)
(-) Insurance premium    =    (310)
(-) Taxes paid                  =    (490)
(-) Salaries paid              =    (21,500)
(-) Honorarium                =   (2,500)
(+) Interest Received      =    2,950
(-) Printing                       =    (350)
(-) Petty expenses           =    (900)   
Closing balance               =    33,000

Hence, the correct option is 2.