18th February 2020 | Prelims Daily with Previous Year Questions

Dear students,

1. In the comments section, share your score and also let everyone know the logic you’ve used to mark certain answers. This will trigger intelligent discussions benefitting everyone.

2. Completing the test should be your top priority. Focus on accuracy rather than simply attempting more questions. Give enough thought to each question, we have increased the time limit so you can do this.

3. At the end of the test, click on ‘View Questions’ button to check the solutions.

*You can attempt the test multiple times for your own practice but only your first attempt will be counted for rankings.

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Mohit Bhandari
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http://www.arthapedia.in/index.php?title=Participatory_Notes_(PNs)

Regulation of PNs

PNs are market instruments that are created and traded overseas. Hence, Indian regulators cannot ban the issue of PNs. However, they can only be regulated, and they are indeed being regulated by the securities market regulator in India, SEBI. When a PN is traded on an overseas exchange, the regulator in that jurisdiction would be the authority to regulate that trade.

Arya Singh
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Results
3 of 5 questions answered correctly

You have reached 3 of 5 points, (60%)