Explain the need for, and role of depository systems in secondary markets. Explain the concept of custodial services.

Discuss the concept of leverage for a firm. Discuss the important financial and leverage ratios used. Explain the Merton-Miller theorem

Discuss the Black-Scholes formula on derivative pricing.

Critically examine the major theories that have been put forward to explain the term structure of interest rates

Discuss the Markowitz theory of efficient portfolio selection. How does the Capital Asset Pricing Theory (CAPM) theory build on it?

Describe the nature of the financial system in a modern economy giving the important types of constituent institutions, markets and instruments. Explain the concept of flow-of-funds in the financial markets

What are ‘non-catastrophic losses’? How is the ‘total loss amount’ in respect of such a loss determined?

State the key components of ‘extreme value theory (EVT)’ with a particular reference to the ‘generalised extreme value (GEV) distribution

Write a note on ‘international actuarial notations’.

What is a ‘life annuity contract’? How is its ‘actuarial present value’ determined?

Explain the elements of ‘interest calculation’ with examples.

Discuss the various aspects of insurance sector that are regulated.

State and explain the significance of ‘convergence and limit laws’.

Distinguish between any three of the followings:

i. Snowball sampling and stratified sampling

ii. Parameter and statistic

iii. Interval scale and Ration Scale of measurement

iv. Ontology and Epistemology

v. Verification and corroboration

What is the difference between data collection and data generation? State the various steps involved in analysis of qualitative data.

What is factor analysis? State with illustration the various uses of factor analysis.

Distinguish between statistical hypothesis and Research hypothesis. State whether the term ‘hypothesis’ used in testing the unknown population regression parameters is statistical or Research hypothesis. Give reasons.

What do you mean research design? State its various constituents. What type of research design do you suggest for descriptive research?

Identify the various approaches followed by Indian Statistical system in generating data on various economic and social phenomenons which precautions should be taken care of in using data collected from various sources.

Distinguish between realism and construction. Explain the various approaches that are resorted to conduct research in social sciences under constructivism