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Worksheets

Docs Connect May

Total questions: 26

Worksheet time: 18mins

Name
Class
Date
1.

Which application is used for scanning unprotected docs to Incoming folder when they are sent to fax email by reps and clients.

(a)  

2.

Full form of ARF

(a)  

3.

Full Form of NFNS

(a)  

4.

In Rates, If you scan a doc to IC folder post 9 30pm, which review team will get the docs for review?

(a)  

5.

If rates trade golden source is summit, then what is the summit equivalent for Credit trades. Hint - Use Abbreviation

(a)  

6.

What is the third party application that provides trade processing, confirmation, affirmation, matching and reconciliation services for all asset classes (Rates, FX, Equity)

(a)  

7.

A new client recently traded an IRS on 22nd May 2023, Atharva asked the drafting team to update the Tailor File (TF) with appropriate details for the same. Ayaan from Drafting team rejected the request. Why ?

a)

Atharva is an Analyst. Instead Associate should make the request

b)

TF not to be considered for new clients post 2021 Feb

c)

Ayaan was wrong in his rejection. He has to amend TF

d)

Ayaan can update Tailor File with Rahul's (AVP) approval

8.

Name the application in Equity in which Client static is updated?

(a)  

9.

In Equity asset class if the Entity belongs to NY desk how many DB signatures is required in confirmation? ( Give a number )

(a)  

10.

Full forms STP

(a)  

11.

In which application FX trades gets booked 

(a)  

12.

What is the full form of GOLD

a)

Global OTC Leading Documentation

b)

Global Online Documentation

c)

Global OTC Legal Documentation

d)

Gross OTC line Documentation

13.

What is full form of UTR

a)

Unique Trade Reference

b)

Unique Transaction Reference 

c)

Unified Transaction Revenue

d)

Universal Trading Revenue

14.

Full form of SWIFT

a)

Standard Widespread International Financial Terminology

b)

Society for World Interest Financial telecommunications

c)

Society for Worldwide Interbank Financial Telecommunications

d)

Society for Worldwide international Financial Transactions

15.

What is G7 Currency?

a)

the Canadian dollar (CAD), the Australian Dollar (AUD ), the Japanese yen (JPY), the British pound (GBP) and the American dollar (USD).

b)

the Saudi Riyal (SAR) the euro (EUR), the New Zealand Dollar (NZD) , the British pound (GBP) and the American dollar (USD).

c)

the Canadian dollar (CAD), the euro (EUR), the Japanese yen (JPY), the British pound (GBP) and the American dollar (USD).

d)

the Canadian dollar (CAD), the euro (EUR), the Emirati Dirham (AED), the Indian National Rupees (INR) and the American dollar (USD).

16.

Who regulates FX trading in the US Markets

a)

International Swaps and Derivatives Association

(ISDA)

b)

Commodity Futures Trading Commission

(CFTC)

c)

Financial Industry Regulatory Authority

(FINRA)

d)

Financial Conduct Authority

(FCA)

17.

Book Transfer, Reset/Fixing/FRC- are examples of what?

a)

Regulatory Changes

b)

Audit Requirements

c)

Middle Office Limitations

d)

Non Doccable Amendments

18.

Expand Full form of NDF

(a)  

19.

Which of the below is NOT a characteristic of an Option:

a)

Option Premium

b)

Expiry Date

c)

Swap Rate

d)

Underlying Asset

20.

What is the full form of FSIP

a)

Fire Safety Insurance Product

b)

Frankfurt Strategic Integration Programme

c)

Financial Strategic Interest Payments

d)

Foreign Swap Interest Provision

21.

Atharva, a Chaser had pushed a signed doc for an IRS deal from Wells Fargo for review. However review team came up with breaks and pushed it back to Atharva. He then resolved all these breaks and added a Gold Note saying " All breaks Resolved, Please Review". After this, for the next few days he kept reporting the trade as Pending with Review. Yet the trade was not out of workflow and on investigation it was found that the trade was still in Outstanding Station. What is the action Atharva Missed to take?

a)

Drop a mail to review team

b)

Inform his Manager about this

c)

Raise an IT ticket to push trade to Incoming

d)

Personally go to reviewer and Request his help

22.

Foreign exchange reserve cannot include

a)

Bank Notes

b)

Deposits

c)

Bonds

d)

None of the above

23.

What is Full form of DICE

a)

Documentation in Confirmations Environment

b)

Drafting Incoming Chasing Execute

c)

Drafting Incoming Chaser Environment

d)

Documentation In Client enrichment

24.

Name The booking which is recently going to be Decommissioned in equity?

a)

2000Rs Note

b)

ESS Synthesis

c)

GOLD

d)

RMS Booking

25.

What is full form of BROG

a)

Business Requirement Oversight Group

b)

Business Review overhead Group

c)

Business Review Oversight Group

d)

Banking Review Oversight Group

26.

What is full form of ETHOS

a)

Every Trade Holds Over Sight

b)

Exotic Trade Handling Operations System

c)

Everyday Trading Handling oversight System

d)

Equity Trading Handling Oversight Systems