Important Iaws On Finance And Financial Crimes

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26. The Negotiable Instruments Act in India governs the use and transfer of which financial instruments?
a) Cheques, promissory notes, and bills of exchange
b) Shares and debentures
c) Bonds and treasury bills
d) Insurance policies and annuities

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27. The Insurance Ombudsman scheme provides a forum for resolution of grievances and complaints against which entities?
a) Banks
b) Insurance companies
c) Stockbrokers
d) Mutual fund companies

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28. The Prevention of Fraudulent and Unfair Trade Practices Regulations are issued by which regulatory body in India?
a) Reserve Bank of India (RBI)
b) Securities and Exchange Board of India (SEBI)
c) Enforcement Directorate (ED)
d) Income Tax Department

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29. The Foreign Direct Investment (FDI) policy in India is formulated by which government body?
a) Ministry of Finance
b) Reserve Bank of India (RBI)
c) Securities and Exchange Board of India (SEBI)
d) Department for Promotion of Industry and Internal Trade (DPIIT)

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30. The Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act (NDPS Act) in India was enacted in which year?
a) 1975
b) 1985
c) 1992
d) 2000

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