SNAP - 2011


What is ‘Share swap’?

A) A business takeover in which acquiring company uses its own stock to pay for the acquired company.

B) When a company uses its own share to get some short term loan for working capital requirement.

C) When companies are require to float a new issue to earn capital for their expansion programmes, each shareholder gets some additional preferential share. The process is known as Share Swap.


Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an
important difference between the two?


In context of global oil prices, “Brent crude oil” is frequently referred to in the news. What does this term imply?

1) It is a major classification of crude oil

2) It is sourced from North sea

3) It does not contain sulphur

Which of the statement given above is /are correct?