Monday 31 August 2015

Best Capital Marcket Multiple Choice Questions & Anwers

31) Security sigma means the _______ of the security computed as at the end of the previous trading day.
 
  A. mean
  B. volatility
  C. impact cost
  D. none of the above
Ans: B

32) The branch manager receives End of Day reports for _________.
 
  A. his own orders only
  B. all dealers under the trading member
  C. all the dealers under that branch
  D. any authorized user
Ans: C

33) The pre-set Market price protection percentage is by default set to _____ of the LTP
 
  A. 10%
  B. 2%
  C. 3%
  D. 5%
Ans: D

34) Auction is held in PQR for 10,000 shares. The closing price of PQR on that day was Rs.259.00 The last traded price of PQR on that day was Rs.254.0 The close price of PQR last Friday was Rs.255.00 The previous day's close price of PQR was Rs.264.00 What is the maximum allowable price at which the member can put a sell order in the auction for PQR? (Assume Price Band applicable for Auction market is +/ - 20%)
 
  A. Rs. 316.80
  B. Rs. 390.65
  C. Rs. 364
  D. Rs. 394
Ans: A

35) Securities Delivered Statement: This statement provides information on ______?
 
  A. delivering centre
  B. total number of shares to deliver for each security
  C. quantity delivered and quantity of shares delivered short
  D. all of the above
Ans: D

36) The orders with ______ attribute disclose only a part of the total order quantity to the market.
 
  A. Immediate or Cancel (IOC)
  B. Stop Loss (SL)
  C. Disclosed Quantity (DQ)
  D. none of the above
Ans: C

37) Security wise User Order Quantity Limit (SUOQL) can be modified anytime during trading hours. True or False?
 
  A. True
  B. False
Ans: A

38) Auction Square Up Debit Statement: This report gives details of unauctioned deliveries that are squared-up by the Exchange. True or False?
 
  A. True
  B. False
Ans: A

39) Surveillance and Control (SURCON) is that period after market close during which, the users have _______ only.
 
  A. order entry access
  B. trade cancellation access
  C. trade modification access
  D. inquiry access
Ans: C

40) The stop loss orders are prioritized in the stop loss book with the __________________
 
  A. most likely order to trigger first and the least likely to trigger last.
  B. least likely order to trigger first and the most likely to trigger last.
  C. time-price priority algorithm
  D. none of the above
Ans: A

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