INSIDER TRADING

 MEANING

•   Insider trading is the trading of a corporation's stock or other securities (e.g. bonds or stock options) by individuals with potential access to non-public information about the company.

 INSIDER TRADING IN INDIA

• In India, insider trading is prohibited under a Sebi regulation, titled Securities and Exchange Board of India ([Prohibition of] Insider Trading) Regulations, 1992.

•  According to Sebi, an "insider" to a company is a person who is or was connected with the company, or is deemed to have been connected with the company and is expected to have access to unpublished price-sensitive information about the company.
• It also includes a person who has received or has had access to such unpublished price-sensitive information as an insider. Trading in shares with such information is insider trading. 

 INSIDERS

•  Those who could be considered as insiders include board members and top officials in a company, auditors, merchant bankers, brokers, an official or a fund manager with an investment company which is a shareholder in the company, etc. Close relatives of these people are also considered insiders. 

 VIOLATIONS OF RULES

• Sebi can initiate criminal proceedings for violations of insider trading rules, although there are very few instances.
•  One of the most famous insider trading cases in India is Hindustan Unilever's (then HLL) purchase of 8 lakh shares of Brooke Bond Lipton India days before the announcement of the merger of the two. In that case Sebi, in 1998, had initiated criminal proceedings against HUL and some of its top executives. 
• The most common punishments that Sebi imposes for insider trading are monetary and prohibitive in nature.

In India, enforcement against insider trading is not very effective. However, lately Sebi has been taking steps using market data analytics tools and acting on leads from other government agencies like the I-T department, Enforcement Directorate, CBI and others to crack down on errant market players. The market regulator has set up an integrated market surveillance system (IMSS) and a data warehousing and business intelligence system both together capable of generating and recognizing patterns from stock prices and volumes to detect crimes like insider trading, front-running , etc. 

INDIA, EU TO BEGIN TALKS ON FTA

Ø  India and European Union will resume talks in Brussels on Free Trade Agreement (FTA) to resolve differences over the pact that is expected to give a major boost to bilateral trade between the two sides.

Ø  The two sides will review the progress made in the negotiations under way since 2007

Ø  The India-EU summit in February this year had set a deadline of the year-end for concluding the pact

SINGLE INVESTOR TREATY:

Ø  The European Commission has also mandated that the objective of the negotiation should be to push for a single investor treaty with India instead of several bilateral investor treaties that India currently has with some EU nations. The Commission has already indicated to India that it was now looking at a single investor treaty. 

ISSUE AREAS:

Ø  As part of the bilateral investment and trade agreement, the EU has been pitching for opening up automobiles, wines and spirits as part of the free trade agreement which is opposed by Indian automobile industry as it would hurt the domestic manufacturers.

Ø  The EU is reluctant to open up movement of professionals from India to the EU under Mode 4 to ensure job creation for its own people.

Ø  Besides, the grouping has also been raising non-trade issues like human rights, child labour and environment during the ongoing negotiations for a broad based agreement.

RAS 2012 General Studies and General science Prelims exam ANSWER KEY

GENERAL SCIENCE & GENERAL KNOWLEDGE (PRE-2012) KEY

BOOKLET SERIES: A

Sr. No.	Statement of the question	Answer
1	Who is the chairman of the Joint…….	2	P.C. Chacko
2	In which case of the Indian Union……	2	Chhattisgarh
3	In which game Saina Nehwal earned….	3	Badminton
4	Who was honoured with Bharat…..	4	Bhimsen Joshi
5	With which subject the 97th Cons…….	1	Free and compulsory education of children till the age of 14 years
6	Which artist associated with music….	3	Jagjit Singh
7	Who got membership of the Rajya…..	4	Anu Agha
8	In March 2012, in which State of India..	2	Jharkhand
9	Against which Judge the Rajya…..	3	Justice Soumitra Sen
10	Which Maoist leader was finished ……	3	Kishenji
11	In which country the Arab spring…..	2	Tunisia
12	Which news state came into being…..	4	South Sudan
13	Where was the seventeenth conference..	2	Male
14	With which country India signed 2+2…	4	Japan
15	Which country’s resolution was ……	2	America
16	With which country India signed…..	2	Vietnam
17	Where was held the Fifteenth……	3	Sharm-el-Sheikh
18	On which date in 2012 Pravasi…….	2	7 January
19	Which party got notable success……	4	National League for democracy
20	Which Indian has been elected as…..	4.	Dinkar Lal Bhandari
21	If all the plants and trees vanish…..	4	Oxygen
22	Dynamo is a machine which is used for	4	Conversion of mechanical energy to electrical energy.
23	‘Dry ice’ is	2	Frozen carbon dioxide
24	The halogen being used as analgesic is	1	Chlorine
25	The I.C. Ship used in computer is…..	2	Silicon
26	The first metal used by man was	3	Copper
27	A 100 watt electric bulb is used for…..	1	Rs. 5
28	Which of the following is the best…..	3	Silver
29	Ozone layer is above the earth	4	20 km
30	The saliva helps in the digestion of	1	Starch
31	In television broadcast the picture…..	1	Amplitude modulation
32	The cooing by a desert cooler is……	3	Evaporative cooling
33	Linseed is a rich source of	2	Omeg-3 fatty acid
34	The latest technique used to establish…	1	Biomatrix analysis
35	In microwave over, the microwave….	3	Magnetron tube
36	In fiber-optics communication the…..	1	Light wave
37	The optimum sound level for human….	2	60 db
38	Biodiversity day is celebrated on	1	29 December
39	A biotechnique in which ultrasound…..	1	Sonography
40	Daily energy required by a hard…..	3	4000 kilocalorie
41	Arrange the following countries is…. (A) Brazil…..	3	B, D, A, C
42	Which one of the following is not…..	3	Ethiopia – Lusaka
43	Syr and Amu rivers are flow into:	4	Aral Sea
44	Which mountain forms boundary…..	2	Pyrenes
45	Match List-I with List-II and select…. (A) Canada         (i) Lagos………..	3	iii, iv, i, ii
46	Which continent is known as….	2	Africa
47	In which year the Wildlife Protection…	3	1972
48	Which one of the following is not a…..	2	Chilka
49	Which one of the following is the……	1	Deforestation
50	Which one of the following is the….	3	Kumbhalgarh
51	In which region of Rajasthan ravines….	4	Chambal Basin
52	In which region of Rajasthan Entisol….	1	Eastern
53	In which districts of Rajathan ‘Khas’…	4	Sawai Madhopur, Bharatpur and Tonk
54	Which one of the following is not…..	3	Urbanization
55	The two important Beryllium…….	1	Udaipur and Jaipur
56	Match List-I with List-II and select…. (A)National Desert Park  (i) Udaipur….	1	iii, iv, i, ii
57	In which year Rajasthan Mission on….	2	2004
58	According to 2007 Livestock Census…	3	579 lakh
59	Where first Solar Park in Rajasthan….	2	Badla (Jodhpur)
60	Which one of the following statement...	3	The water of India Gandhi Canal is only used for irrigation
61	The Solar Power Policy was ……	1	2011
62	What is true with the present position…	4	There is revenue surplus
63	Which of the following institutions…..	2	The Rajasthan Renewable Energy Corporation
64	Indicate the share of industries in…..	4	30%
65	The main objectives of Rajiv Awas….	4	Slum free India
66	Which of the following bear……	2	Gram Panchayat
67	The Rajasthan Govt. announced in……	3	Bikaner
68	Match the following: A. Stone Park   1. Neemrana, Alwar…..	1	4 3 2 1
69	RIICO has developed for Agro food…..	3	Sgro-based industries
70	Which of the following river……..	3	The Mahi
71	Hon’ble CM’s seven point…….	2	Empowerment of women in Rajasthan
72	Match the following: A. Namda                  1. Jaipur……..	1	2 5 3 1
73	In Rajasthan, there is great potential….	4	Availability of mustard Husk
74	Consider the following statements: In Rajasthan, development of Gas…..	2	A, C and D are correct
75	Match the following: A. Takli             1. Jhalawar……….	1	2 1 3 4
76	Dholpur, Power Project will be based…	4	Gas
77	Which mineral of the following is…..	3	Rock phosphate
78	The Production of food grains in……..	2	235 lakh tonne
79	Desert Development programme is…..	4	75 percent by Govt. of India and 25 percent by Govt. of Rajasthan
80	Match the following: A. Sahariya            1. Marwar	1	4 5 1 2
81	‘Tripitaka’ texts are related with……	2	Buddhism
82	Who is considered as the first……	3	Raja Ram Mohan Roy
83	Who was first woman President of…..	3	Annie Besant
84	In which battle did Maharana Sanga….	1	Battle of Khatoli
85	Which Rajput ruler contained his….	2	Rao Chaderson of Marwar
86	Identify the incorrect pair amongst…..	1	Arjun Lal Sethi : Udaipur
87	Which amongst the following place…..	2	Jaipur
88	Which of the following areas were….	4	Ajmer and Abu
89	Identify the incorrect pair about……	4	Karuli : Mewati
90	Who is the author of ‘Prithviraja Vijaya’?	3	Jayanak
91	Which category of Rajasthani Literature…….	1	Vat
92	Identify the incorrect pair relating…..	3	Bamarasia dance : Bikaner
93	What is the name of the famous folk….	1	Gavari
94	Gopiji Bhatta is related with which…..	1	Tamasha
95	Where is the temple of folk deity…..	1	Tilwara (Barmer)
96	Which amongst the following is not….	4	Hidimba Mata
97	Which is the famous centre of ‘Blue….	3	Jaipur
98	Identify the incorrect pair amongst….	3	Maru Mahotsava : Barmer
99	‘Tarabhant Ki Odhani’ is the popular…	3	Adivasi women
100	Which of the following is not a…..	2	Nagarchol