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Financial market Quiz-2

Total questions: 20

Worksheet time: 17mins

Name
Class
Date
1.

The membership of a stock exchange is well-regulated and its dealings are well-defined according to the existing legal framework. This gives investors the advantage of:

a)

Liquidity of securities

b)

Determination of pricing of securities

c)

Safety of transaction

d)

None of these

2.

Primary and secondary markets __________ .

a)

Compete with each other

b)

Complement each other

c)

Function independently

d)

Control each other

3.

Which of the following is not a function of SEBI?

a)

Registration of brokers and sub-brokers

b)

Undertaking measures to develop finanical markets

c)

Prohibition of insider trading

d)

Holding securities in electronic form.

4.

National Stock Exchange in India was recognized as stock exchange in the year.

a)

April 1992

b)

march 1993

c)

March 1994

d)

April 1993

5.

Raj , a holder of 5000 shares of Narayan Ltd., is offered the proposal to buy one new share for every ten shares held by him. Which method of floatation new issue is discussed here?

a)

Offer through Prospectus

b)

Rights Issue

c)

Private Placement

d)

Offer for Sale

6.

Which of the following is an objective of SEBI?

a)

Training of intermediaries of securities market

b)

Protecting the rights and interest of investors

c)

Promotion of fair practices and code of conduct in securities market

d)

Levying fees/charges for carrying out the purpose of the Act

7.

Which of the following is a method of floatation in primary market?

a)

Offer for sale

b)

Private placement

c)

Rights issue

d)

All of these

8.

Which of the following is a regulatory function of SEBI?

a)

Regulation of takeover bids by companies

b)

Controlling insider trading

c)

Taking steps for investors protection

d)

Conducting research and publishing information useful to all market participants

9.

Which of the following is a function of Stock Exchange?

a)

Pricing of securities

b)

Providing scope for speculation

c)

Safety of transactions

d)

All of these

10.

In which year was the SEBI established by the Government of India?

a)

1980

b)

1988

c)

1992

d)

1993

11.

Which of the following helps to eliminate the use of stock certificates by placing stock transactions on computers?

a)

Demat account

b)

Securities Exchange Commission

c)

Depository Trust Company

d)

Federal Depository Insurance Corporation

12.

The last step in the Trading Procedure on a Stock Exchange is:

a)

Placing an order

b)

Executing the order

c)

Settlement of account

d)

Selection of a broker

13.

The functions of SEBI are:

a)

Regulatory functions

b)

Development functions

c)

Protective functions

d)

All of these

14.

__________ is a process in which the investors are given an electronic number so that the securities can be held in an electronic form.

a)

Dematerialisation

b)

Depository

c)

Demutualisation

d)

All of these

15.

‘A stock exchange is the creation of a continuous market where securities are bought and sold.’ Which of the following importance of stock exchange is referred here?

a)

Pricing of securities

b)

Spreading of equity cult

c)

Providing liquidity and marketability to existing securities

d)

Safety of transaction

16.

‘Through the process of disinvestment and reinvestment savings get channelised into their most productive investment avenues.’ Which of the following importance of stock exchange is referred here?

a)

Pricing of securities

b)

Contributes to economic growth

c)

Providing liquidity and marketability to existing securities

d)

Safety of transaction

17.

‘All buying and selling of shares and debentures are done through a computer terminal.’ This implies to:

a)

Dematerialisation of securities

b)

Screen based trading system

c)

Demutualisation of stock exchange

d)

None of these

18.

Statement I: Banks and financial markets are competing intermediaries in the financial system. Statement II: Households can deposit their surplus funds with banks, who in turn could lend these funds to business firms.

a)

Statement I is correct and Statement II is wrong

b)

Statement II is correct and Statement I is wrong

c)

Both the statements are correct

d)

Both the statements are incorrect

19.

Statement I: Certificate of deposits are also known as Zero Coupon Bonds issued by the Reserve Bank of India on behalf of the Central Government. Statement II: The original purpose of commercial paper was to provide short-terms funds for seasonal and working capital needs.

a)

Statement I is correct and Statement II is wrong

b)

Statement II is correct and Statement I is wrong

c)

Both the statements are correct

d)

Both the statements are incorrect

20.

Statement I: Rights Issue is new issue of shares offered to existing shareholders in proportion to the number of shares they already possess. Statement II: Rights Issue is a privilege given to all applicants to subscribe to a new issue of shares according to the terms and conditions of the company.

a)

Statement I is correct and Statement II is wrong

b)

Statement II is correct and Statement I is wrong

c)

Both the statements are correct

d)

Both the statements are incorrect