Page 215 - DMGT512_FINANCIAL_INSTITUTIONS_AND_SERVICES
P. 215

Financial Institutions and Services




                    Notes          10.  Their knowledge  in  .....................  make  merchant  banks  specialists  in  dealing  with
                                       multinational corporations.
                                   11.  The most familiar role of the merchant bank is stock ..................... .

                                   12.  The merchant bank files all the paperwork required with the various market ......................
                                   13.  Merchant Banks are popularly known as ..................... .
                                   14.  ..................... includes preparation of project reports, deciding upon the financing pattern
                                       to finance the cost of the project and appraising the project report.
                                   15.  ..................... refers to investment in different kinds of securities.

                                   14.9 Review Questions

                                   1.  What is the significance of merchant banking in Indian context?
                                   2.  What are the SEBI guidelines regarding merchant banking?

                                   3.  Write a critical evaluation of the underwriting services in India.
                                   4.  Elucidate upon the functions of merchant banks.
                                   5.  Do you think merchant banks in India have been playing the role as needed for them?

                                   6.  Comment on the significance of the underwriters in India.
                                   7.  Elucidate upon the effect of the SEBI guidelines regarding merchant banking in India.
                                   8.  Analyse cases to examine how merchant banks have helped their clients in the field of
                                       offshore financing. Cite at least 3 Indian cases to explain the same.
                                   9.  "Merchant banks act as an intermediary whose main job is to transfer capital from those
                                       who own it to those who need it." Comment.

                                   10.  Examine the growth of merchant banking in India since 1991.
                                   11.  Where  does  the  merchant  banking  in  India  stand  when  compared  to  their  global
                                       counterparts, especially those of US and UK?

                                   Answers: Self  Assessment

                                   1.  capital issues                    2.   counseling

                                   3.  three                             4.   long-term  viability
                                   5.  merger                            6.   expiry
                                   7.  Securities and Exchange Board of India  8.  bank's own
                                   9.  investment                        10.  international finances

                                   11.  underwriting                     12.  authorities
                                   13.  issuing and accepting houses     14.  Project counselling
                                   15.  Portfolio











          210                               LOVELY PROFESSIONAL UNIVERSITY
   210   211   212   213   214   215   216   217   218   219   220