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Mcqs on Stock market operations

Total questions: 46

Worksheet time: 46mins

Name
Class
Date
1.

What is SP-500?

a)

A crop of wheat

b)

The name of Mumbai-based office of SEBI

c)

A stock exchange of USA

d)

A scheme announced by the Government of India

2.

How many companies are included in the SENSEX?

a)

30

b)

50

c)

111

d)

25

3.

Which of the following statements is correct?

a)

FTSE-100 is a stock exchange of London, which monitors European market activities

b)

Nikkei is related to Singapore Stock Exchange

c)

Middex belongs to Japan

d)

BSE does not belong to sensex

4.

KOSPI is the index of which country?

a)

(a) Japan

b)

(b) South Korea

c)

(c) Singapore

d)

d) France

5.

. Which of the following index is not matched correctly?

a)

(a) SET: Thailand

b)

(b) JCI: Japan

c)

(c) NASDAQ: America

d)

(d) TSEC: Taiwan

6.

Which of the following is responsible for the fluctuations in the Sensex?

a)

(a) Rain

b)

(b) Monetary policy

c)

(c) Political instability

d)

(d) All of the above

7.

Which of the following is not a credit rating agency?

a)

(a) CRISIL

b)

b) ICRA

c)

(c) NIKKEI

d)

(d) CARE

8.

. Which of the following words does not belong to the stock exchange?

a)

(a) NAV

b)

(b) NSE

c)

(c) IPO

d)

(d) KPO

9.

9. What is called "Blue Chip"?

a)

(a)Companies which are run by large corporate houses

b)

(b) A company, whose share always provides profit

c)

(c) A multinational company

d)

(d) A company which is listed on a foreign stock exchange

10.

10. When was Nifty established?

a)

(a) 1952

b)

(b) 1965

c)

(c) 1991

d)

(d) 1996

11.

Where is the New York Stock Exchange located?

a)

a) Broadway

b)

b) Empire State Building

c)

c) Times Square

d)

d) Wall Street

12.

. Which of the following cities does NOT have a formal stock exchange?

a)

a) Frankfurt

b)

b) London

c)

c) Monte Carlo

d)

d) Hong Kong

13.

9. The FTSE 100 index is used to measure stock market performance in which country?


a)

a) France

b)

b) United Kingdom

c)

c) Germany

d)

d) Finland

14.

The estimated price of the stock market is at


a)

a. 50 trillion dollars

b)

b. 51 trillion dollars

c)

c. 52 trillion dollars

d)

d. 53 trillion dollars

15.

A fixed income security is also called:


a)

a. decided value

b)

b. basic value


c)

c. actual value

d)

d. fixed value

16.

Actual trades are based on

a)

a. free economy

b)

b. auction market

c)

c. laissez faire

d)

d. closed market

17.

The New York Stock Exchange is called:


a)

a. situational change

b)

b. nominal change

c)

c. physical change

d)

d. chemical change

18.

. Computers performs this function :

a)

a. design trading

b)

b. system trading

c)

c. file trading

d)

d. program trading

19.

The depository participant

a)

is the link between the depositor and the investor

b)

can offer depository services only after it gets proper registration from SEBI

c)

A depository can be compared with bank,

d)

All the above

20.

two depositories of India.

a)

National Securities Depository Ltd. and Central Depository Securities Ltd.

b)

National Share Depository Ltd and Central Share Depository Ltd

c)

National Stock Depository Ltd. and Central Stock Depository Ltd.

d)

National Stock Depository Lenders and Central Stock Depository Lenders

21.

NASDAQ means

a)

National Association of Stock Dealers Automated Quotation

b)

National Association of Share Dealers Automated Quotation

c)

National Association of Securities Dealers Automated Quotation

d)

National Authority of Stock Dealers Automated Quotation

22.

a.A jobber is an independent dealer in securities. b.He is not allowed to deal with the public directly. c. He works for commission. Which one is correct

a)

a only

b)

a and b

c)

a,b and c

d)

None of the above

23.

Foreign Institutional Investors means

a)

a.Foreign Institutional Investors are an institution established and incorporated outside India, which proposes to make investment in Indian Securities..

b)

b.They are eligible to make purchase shares and convertible debentures issued by Indian Companies under the Portfolio Investment Scheme

c)

a and b above

d)

None of the above

24.

“Stock Exchange is an association, organization or body of individuals, whether incorporated or not, established for the purpose of assisting, regulating and controlling business in buying, selling and dealing in securities.” is defined under

a)

Securities Contact Regulation Act,1956

b)

Securities Contact Regulation Act,1955

c)

Shares Contact Regulation Act,1956

d)

Securities and Debentures Contact Regulation Act,1956

25.

recognized stock exchanges which have to function under

a)

the rules, by –laws and regulations approved by the Central Government.

b)

the rules, by –laws and regulations approved by the Central and State Government

c)

the rules, by –laws and regulations approved by the State Government.

d)

the rules, by –laws and regulations approved by the Ministry of Corporate Affairs

26.

At present the stock exchanges in India have one of the following organizational forms: a. Voluntary non-profit- making association b. Public limited company c. Company limited by guarantee.

a)

Only a

b)

Only b

c)

a and b

d)

All a,b and c

27.

NSE incorporated in a.) 1992 b.) was given recognition as stock exchange in April 1993 c.) started operation in June 1994. d)NSE was set up by IDBI and other financial institutions e.) paid up equity capital of Rs.25 crores. Which one is correct

a)

only a

b)

a, b and c

c)

a,b,c, d and e

d)

only d and e

28.

India’s first national online stock market with segment for both debt and equity securities is

a)

National Stock exchange

b)

Bombay Stock Exchange

c)

Ahmedabad Stock Exchange

d)

OTC Exchange of India

29.

Which one is true about National Stock exchange

a)

A.There is screen based trading

b)

B.The settlement cycle is T+3

c)

A AND B

d)

C.The settlement cycle T+2

30.

. Broker :- A.Broker is a person who transact business in securities on behalf of his clients B.receives commission for his services. C.He deals between the jobbers and members.

a)

A only

b)

B only

c)

A and C

d)

A, B and C

31.

Bull is a speculator who purchases various types of shares. He purchases to sell them on higher prices in future. He may sell the shares and securities before coming in possession. If the price falls then he suffers a loss.

a)

True

b)

False

32.

Bear He is always in a position to dispose of securities which he does not possess. He makes profit on each transaction. He sells the various securities for the objective of taking advantages of an expected fall in prices.

a)

True

b)

False

33.

Which one is true about Lame Duck?

a)

Lame Duck is a.When bear fails to meet his obligations he struggles to meet finance. b. If the other party refuses to postpone the delivery them lame duck suffers heavy losses due to non availability of shares

b)

Lame Duck is a .When bull fails to meet his obligations he struggles to meet finance. b. If the other party refuses to postpone the delivery them lame duck suffers heavy losses due to non availability of shares

c)

Lame Duck is a person who makes all interested investors lame like a duck by buying large number of shares from the open market

d)

None of the above

34.

Which one is correct statement?

a)

Stag He is also a speculator. He purchases the shares of newly floated company and shown himself a genuine investor. He is not willing to become an actual shareholder of the company. He purchases the shares to sell them above the par value to earn premium. A stag also suffer a loss.

b)

Stag He is also a speculator. He is the lone purchases the shares of newly floated company and shown himself a genuine investor and becomes the shareholder of the company

c)

Stag He is a long term investor. He is the lone purchaser of the shares of newly floated company and shown himself a genuine investor and becomes the shareholder of the company

d)

None of the above

35.

Which one is correct ?

a)

Contango means to carry over dealing to the settlement which is a reward paid by the buyer to the broker to carry the dealing to the next settlement,

b)

Contango is a commission paid to the stock exchange by the broker

c)

Contango is a fine paid to SEBI

d)

None of the above

36.

Which of the following does financial services industry consist of? I. Telecommunication II. Insurance III. Fund Management IV. Trusts

a)

A. I and II

b)

B. III and IV

c)

C. I, II and III

d)

D. II, III and IV

37.

What is the meaning of “financing” in the financial market?

a)

A. Advising an organization to raise charity funds

b)

B. Investing in the securities market

c)

C. Sourcing funds

d)

D. Converting the assets into cash

38.

The capital markets consist of the primary market and secondary market. Which of the following statements is TRUE regarding the differences between the two markets?

a)

A. New issues are distributed to investors in the primary market while existing securities are traded in the secondary market.

b)

B. Existing securities are traded in the primary market while new issues are distributed to investors in the secondary market.

c)

C. New issues are traded in the primary market while existing securities are distributed in the secondary market.

d)

D. Existing securities are distributed to investors in the primary market while new issues are traded in the secondary market

39.

The short term financial instruments traded in money market is commonly called

a)

A. Bonds

b)

B. Shares

c)

C. Notes

d)

D. Commercial Papers

40.

Financial intermediation is the process that the financial intermediaries connect ________________ and _____________ by transferring funds from one side to another.

a)

A. Banks and account holders

b)

B. Borrowers and lenders

c)

C. Borrowers and securities firms

d)

D. Investors and lenders

41.

You bought a share for $10 and sold it for $12 after one year. You received share dividend $1 during the holding period. What was the rate of holding period return?

a)

A. 10%

b)

B. 20%

c)

C. 30%

d)

D. 40%

42.

Which of the following instruments would be commonly used as proxies of risk-free assets? I. U.S. Treasury Bills II. Hong Kong Stocks III. Exchange-Fund Bills IV. Corporate Bonds

a)

I and III

b)

II and IV

c)

I, II and IV

d)

II, III and IV

43.

According to their own risk levels, rank the following investment funds in ascending order (from lowest to highest risk). I. Regional stock fund II. Bond fund III. Hedge fund IV. Global stock fund

a)

A. (I) (IV) (II) (III)

b)

B. (I) (II) (III) (IV)

c)

C. (II) (III) (IV) (I)

d)

D. (II) (IV) (I) (III)

44.

Which of the following constitutes stock market manipulation?

a)

A. Actively interfere the demand and supply of the securities and derivatives

b)

B. Company director disclose the sensitive company news which have not been publicly disclosed

c)

C. Anyone who disclose unfavorable information intentionally regarding the company business

d)

D. An account executive trades stocks or uses funds in an account without the clients' consent or knowledge

45.

.Backwardation:-

a)

It is a commission which is paid by the sellers of securities to the buyers who wants to postpone transaction to the next account.

b)

It is a fee which is paid by the brokers to stock exchanges.

c)

It is an interest which is paid by the sellers of securities to the buyers who wants to postpone transaction to the next account.

d)

It is a fee which is paid by the brokers to SEBI

46.

As clearing house

a)

1.give guarantee to all the transactions and acts as a counter party for all the transactions it will never have open position in the market.

b)

2. It ensures that all the parties adhere to the system and procedures so that various parties in the market can do trading smoothly which in turns leads to more confidence of the player on the market and hence it increases liquidity in the market.

c)

3. It ensures a proper risk management system in place by stipulating that margin is maintained which is of two types-initial and maintenance margin and hence accounting is done for all the gains and losses on daily basis and hence chances of default are reduced considerably. It ensures the delivery of the underlying assets is consistent in terms of quality, quantity, size etc…so that thre is no confusion among parties, in other words all contracts are standardized.

d)

All the above