SNAP - 2011

2

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.

4

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?

5

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?