Birla Institute of Technology and Science, PilaniI Semester 2007-08Functions and Woring of Stoc !"changes#om$rehensi%e !"aminations Part & '#losed Boo(#)P #*2*+ !#,- #.22+ /0TS #.22 )ate1 08+22+2007/a" /ar1 20Suggested Time1 30 /insI/P,4T&-T1 5indly 6rite S7,4T, P,I-TWIS! '6here%er a$$lica8le( #,/P9!T! ans6ers: Pro%ide;ustifications+e"$lanations 6here%er re'2:0(20: Which three recommendations of the )ee$a Parih #ommittee 6ere not follo6ed 8y =TI> '0:? @ 0:? @ 0:?(22: -ame three of the to$ managers of !nron 6ho 6ere $rosecuted for their role in the fraud: '0:? @ 0:? @ 0:?(22: -ame any t6o factors that affect the %olatility of shares: '0:? @ 0:?(2*: -ame t6o directors of Tata Finance 6ho 6ere found guilty of %arious offences: '0:? @ 0:?(2.: #raBy !ddie and Franlin Curado 6ere 8oth in%ol%ed in similar transactions: What is thetransaction no6n as and 6hat 6ere their res$ecti%e moti%es+reasons for doing so> '0:? @ 0:? @ 0:?(2?: With reference to 8eha%ioural finance, 6hat are anchoring and loss a%ersion> '0:? @ 0:?(23: What did the 5umar /angalam Birla #ommittee recommend a8out the com$osition of the 8oardof a com$any> '2:?(