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"Blue sky laws" is a term used for laws which are :

  • Only for personal interest of a political party.
  • Which cheaters can use to fraud public.
  • Which are there to protect public from securities frauds.
  • Which are created in hurry.

Answer: Option D

Similar Questions :

1. First Regional Rural Bank came into existence in,

  • 1973
  • 1974
  • 1975
  • 1976

Answer: Option C

Explanation:

First Rural Bank was established on 2nd Oct 1975.

2. India holds the third position in production of Sugar cane.

  • True
  • False

Answer: Option B

Explanation:

India holds the first position in production of Sugar cane and the sugar.

3. Deficit financing means that the government borrows money from the ?

  • Revenue Department
  • World Bank
  • RBI
  • None of above

Answer: Option C

4. Life Insurance Corporation (LIC) of India was established in ?

  • 1955
  • 1956
  • 1957
  • 1958

Answer: Option B

Explanation:

Life Insurance Corporation (LIC) of India was established in September 1956.

5. What is FEMA ?

  • First Exchange Management Act
  • Foreign Exchequer Management Act
  • Foreign Exchange Management Act
  • Foreign Evaluation Management Act

Answer: Option C

Explanation:

FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.

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