From the following information of assets assets and liabilities, the taxable wealth for:

Mr. Nitin, a trading and a clearing member, took proprietary position in August 2007 expiry contract. He bought 10000 units of SAIL@ Rs.140 and sold 8000 units @ Rs.143.50. The end of the day settlement price for August 2007 expiry contact is Rs.141. If the initial margin per unit of SAIL for August 2007 is Rs.42 per unit, then the total initial margin payable by Nitin would be_______

Which one of the following statements is/are correct?

CAMELS framework was first used in _______.

In ULIP plans, the returns are dependent on in which the investments are done by the insurance company