Monday 31 August 2015

Capital Marcket Multiple Choice Questions & Anwers

11) What does 'OM' indicate as an activity in the 'Activity Log' screen in the NEAT system?
 
  A. Order Matched
  B. Order Cancelled
  C. Trade Modified
  D. Order Modified
Ans: D

12) The clients introduced by an authorized person to a trading member, would be required to deliver securities and make payments directly in the trade name of the trading member. True or False?
 
  A. True
  B. False
Ans: A

13) At the end of the trade cycle, the trades are _______ to determine the obligations of the trading members to deliver securities/funds as per settlement schedule.
 
  A. grossed
  B. aggregated
  C. netted
  D. offset
Ans: C

14) ______ is a volume related order condition.
 
  A. An order with a limit price condition only
  B. An order with a stop loss only
  C. An order with a Disclosed Quantity (DQ)
  D. None of the above
Ans: C

15) 100 share of Reliance Ltd. are purchased on Monday. Provided there are no holidays in between, settlement should take place on ______ ?
 
  A. Wednesday (T+2)
  B. Tuesday (T+1)
  C. Thursday (T+3)
  D. Friday (T+4)
Ans: A

16) A trading member on the NSE, has a branch order value of Rs. 950 lakh for his Mumbai branch and Rs. 600 lakh for Delhi branch. Mumbai branch has two users 'X' and 'Y' with user order value limits of Rs. 300 lakh and Rs. 400 lakh respectively. Delhi branch has one user 'Z' with user order value limit of Rs. 550 lakh. The member applies for a new user at Mumbai. What is the maximum user order value that can be set for the new user?
 
  A. Rs. 100 lakh
  B. Any amount, as there is no restriction on User Order Value
  C. Rs. 250 lakh
  D. Rs. 150 lakh
Ans: C

17) A trading member on the NSE, has set the branch order value unlimited for his Chennai branch and Rs. 800 lakh for Kolkata branch. Chennai branch has two users 'X' and 'Y' with user order limits of Rs. 550 lakh and Rs. 500 lakh respectively. Kolkata branch has one user 'Z' with user order value limit of Rs. 550 lakh. The member applies for a new user at Kolkata. What is the maximum user order value that can be set for the new user?
 
  A. Not more than Rs. 950 lakh
  B. Zero
  C. unlimited
  D. Rs. 250 lakh
Ans: D

18) In case the security has not been traded on a particular day, ________ at the NSE is to be considered as the closing price.?
 
  A. the average closing price for the last one week
  B. the theoretical closing price
  C. the latest available closing price
  D. none of the above
Ans: C

19) Mr. Desai has decided to deposit Rs. 200,000 in the bank annually. If the bank has a policy of continuous compounding and the prevailing interest rate is 8% how much would his deposit grow upto in 2 years?
 
  A. 434,141.15
  B. 413,502.54
  C. 485,123.70
  D. 433,820.81
Ans: D

20) One of the Custodial Trade Reports is the ___________
 
  A. Client Obligation Report
  B. Custodial Trade Pending Confirmation
  C. Clearing Member Report
  D. none of the above
Ans: B

More Questions & Answers:-
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