CAMS Quiz

What was the initial business of CAMS before it became a registrar and transfer agent (RTA) for IPOs?

• Software development

• Computer skills training

• Investor relations services for Reliance Industries

• Mutual funds management

How did CAMS expand its branch network across India?

• Based on the number of bank branches in each town according to the census

• By partnering with HDFC Bank and opening branches where they had their branches

• By evaluating requests from mutual fund clients to open branches in specific locations

• All of the options

What was the role of CAMS during the Initial Public Offer (IPO) of Reliance Petrochemicals? Choose all that apply.

• Setting up collection offices for IPO applications

• Handling the parking facilities

• Collecting acknowledgment from investors and verifying their addresses

• All of the options

How did CAMS ensure fast service during the IPO collection process?

• Never closing for lunch and taking turns to eat

• Collecting bonus certificates and verifying them on sofas

• Recording errors in names and addresses for correction

• All of the above

What was the significance of technology for CAMS' success?

• It helped bring transparency to the financial markets

• It made CAMS a market leader in its space

• Technology did not play much of a role in CAMS' success

• All of the above

How did CAMS ensure its senior management had a deep understanding of their software systems?

• By hiring people with coding skills

• By providing training in system knowledge

• By exposing them to real-life crisis situations

• All of the above

What was the role of CAMS' alumni association?

• To keep a record of the number of people that have worked in the company

• To keep track of news and milestones of the company

• A place for alumni to socialise

• All of the options

What was the main reason for CAMS' success in the new world of liberalization?

• Tough competition and hard work

• Merit-based selection and on-time delivery

• Being at the cutting edge of technology

• All of the options

What is the significance of CAMS' eye for detail?

• It ensures customer goodwill and investor trust

• It sets CAMS apart as a market leader

• It guarantees on-time delivery and reliability

• All of the options

Match the egregious actions!

• Not following standard checklist

• General

• Dropping file in database w/o approval

• Exchange

• Password sharing

• Technology

• Matching transactions outside system

• Recon

• Removal of exchange flag

• Brokerage