Here are my replies to your shoutbox queries

Hi friends,

As I was very busy, I couldn't answer all your shoutbox queries for the last three or four days.  Just now found time to answer them.  Follow the question answer type session given below:

13 Apr 07, 19:17
ranchal: sir, Hedge funds are being heard in the news papers for two days during IOSCO meting, what is it? hw is it managed?

Ans:  See some of the definitions that are available about hedge funds:

Speculative funds managing investments for private investors (in the US, such funds are unregulated if the number of investors does not exceed one hundred).

They vary greatly, but have some or all of the following characteristics. They will be based offshore and are virtually unregulated. They will have small groups of investors, usually rich individuals or institutions. They will aim for an absolute (positive) rather than a relative return; their managers will be incentivised by a performance fee. They will have the ability to go short, and they will have the ability to use leverage.

Funds that are extremely flexible in their investment options because they use financial instruments generally beyond the reach of mutual funds, which have SEC regulations and disclosure requirements that largely prevent them from using short-selling, leverage, concentrated investments and derivatives. This flexibility, which includes use of hedging strategies to protect downside risk, gives hedge funds the ability to best manage investment risks. 

The first such fund founded by Alfred Winslow Jones in 1949. Jones' innovation was to sell short some stocks while buying others, thus some of the market risk was hedged.

13 Apr 07, 12:46
Vidhya: Yes, sir, not able to read the article. Could you please post the link again?

Ans:  Hi Vidhya, since posted it on Discover It blog.  Read it at http://discover-it.blogspot.com/2007/04/innovation-in-education.html

13 Apr 07, 00:26
raniya: hi sir , i am eager to go throuh your prize winning blog but couldnt find it on the address you posted ..could you please post the link to exact page .

Ans:  Hi Raniya, see the link given above.

13 Apr 07, 00:18
raniya: what are press notes ...who issues them ?

Ans: Hi Raniya, one of the instruments through which government policy statements are released is through Press Notes.  They are usually numbered serially in a given year; hence the notation "Press Note 2 of 2005" etc.  Press Notes usually refer to the policy statements of the Government of India.  Normally policy statements issued by state governments are not defined by this term.

13 Apr 07, 00:16
raniya: has india adopted equator principles??

Ans: Did you follow the link I gave there?  http://www.equator-principles.com/  It shows that it is for institutions; not countries.  Some of the institutions operating in India did adopt these principles.

A bank adopting the "Equator Principles," undertakes to provide loans only to projects whose sponsors can demonstrate to the satisfaction of the bank their ability and willingness to comply with comprehensive processes aimed at ensuring that projects are developed in a socially responsible manner and according to sound environmental management practices.

The Equator Principles are based on the policies and guidelines of the World Bank and International Finance Corporation (IFC).

12 Apr 07, 16:04
Chandana: Sir, Puja Gupta is Femina Miss India Universe

Response:  THANKS for correcting me.  The paper seems to have reported "World".  Remember what I said, when we made this noting?


11 Apr 07, 23:10
VINOD: What is the difference between FDI and FII

Ans: Check this out http://discover-it.blogspot.com/2007/01/fdi-and-fii-difference.html

11 Apr 07, 17:42
amit: Leave the msg here or on my blog, www.amitsrivastava25.blogspot.com


11 Apr 07, 17:40
amit: I have been asked these qs on my Interview in SRCC Delhi Univ. guys let me know, why budget on 28th feb and reason behind savings rate hike

Ans: Budget on 28th Feb is because there should at least be a month's discussion before it is passed.  And passage cannot go beyond March 31st.  If you are referring to interest rate on savings, the reason is usually the monetary policy.  We can say that the repo and reverse repo rates set all the interest rates down the line.  These include the Prime Lending Rates of banks, the deposit rates, rates on bonds and debt paper etc.

10 Apr 07, 11:53
Nithanand: I want to get the Quiz Question which you hav posted...is it possible?

Ans: I am working on it and hope to make it available to you all sometime before the end of this month.  But unfortunately, I have become suddenly very, very busy with my office work and hence the delay.

8 Apr 07, 17:17
vivek: does anyone know about the name of the forum where india,USA,china,brazil,EU and south-africa have joined for developing,promoting bio-fuels??

Ans: Did you read what we covered on 4th March?  Try searching the web for some more info on that.  If it doesn't work; let me know.

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End of session.  And Happy Reading.

Ramakrishna
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My Blogs:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com

Test your current affairs knowledge:
http://discover-it.blogspot.com/2006/09/quiz.html
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