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QA 001

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The first computerised stock exchange in India was ________

a)

National Stock Exchange

b)

Delhi Stock Exchange

c)

Bombay Stock Exchange

d)

Calcutta Stock Exchange

2.

At the end of the trade cycle, the trades are _______ to determine the obligations of the trading members to deliver securities/funds as per the settlement schedule.

a)

Grossed

b)

Aggregated

c)

Netted

d)

Offset

3.

At Exchange Surveillance Department, GSM means -

a)

Gross Supervision Measures

b)

Graded Surveillance Measures

c)

Group Supervision Measures

d)

Genuine Support Measures

4.

Each rating obtained by the listed entity with respect to non-convertible debt securities shall be reviewed

a)

at least once in twenty four months by a credit rating agency registered by the Board.

b)

at least once in eighteen month by a credit rating agency registered by the Board

c)

at least once a year by a credit rating agency registered by the Board

d)

at least once in a half year by a credit rating agency registered by the Board

5.

What is the minimum subscription to be received in an issue?

a)

Ninety Percent

b)

Ninety-five Percent

c)

Seventy-five percent

d)

Fifty percent

6.

If a client buys shares worth Rs. 5,25,000 and sells shares worth Rs. 4,75,000 through a broker, then the maximum brokerage payable to the broker is ___.

a)

Rs. 50,000

b)

Rs. 15,000

c)

Rs. 25,000

d)

Rs. 20,000

7.

NSCCL becomes the legal counterparty to the net settlement obligations of every member. This principle is called ______.

a)

'notation’

b)

‘settlement fulfillment’

c)

‘obligation guarantee’

d)

‘novation'

8.

For liquid securities, the VaR margins are based on the ________ of the Security.

a)

volatility

b)

returns

c)

liquidity

d)

exposure limit

9.

Securities and funds pay out takes place on ______ working days after the trade date.

a)

‘T+3’

b)

‘T+2’

c)

within 24 hours of sale

d)

‘T+1’

10.

NIFTY and SENSEX are calculated based on ____________

a)

Market capitalisation

b)

Free-Float capitalisation

c)

Authorised share capital

d)

Paid-up capital