Professional Documents
Culture Documents
_______ [ 1 Mark ]
Q:2 The Order / Trade window in the NEAT system allows the __________
[1 Mark ]
Q:3 With effect from April 1, 2003 the settlement cycle moved from ?
[ 2 Marks ]
Q:4. _______ allows the user to disclose only a portion of the order quantity
Q:5 A __________ can modify his own orders or orders of any dealer under
(a) A dealer.
(b) A sub-broker
250
[ 2 Marks ]
[ 2 Marks ]
Q:8 In case the net outstanding position in any security is nil, the difference
between the buy and sell values is considered as notional loss for the
What is the maximum allowable price at which the member can put a
sell order in the auction for PQR? (Assume Price Band applicable for
Q:10 A trading member on the NSE, has a branch order value of Rs. 850 lakh
for his Mumbai branch and Rs. 500 lakh for Delhi branch. Mumbai
branch has two users 'X' and 'Y' with user order value limits of Rs. 300
lakh and Rs. 400 lakh respectively. Delhi branch has one user 'Z' with
user order value limit of Rs. 450 lakh. The member applies for a new
user at Mumbai. What is the maximum user order value that can be set
251
Q:11 Securities and funds pay in takes place on ______ working days after
(a) ͚T+3͛
(b) ͚T+1͛
(c) ͚T+2͛
Q:13 The trading member shall issue the contract notes and/or bills
_______. [ 1 Mark ]
Q:14 All Auction orders are entered into the _________? [ 2 Marks ]
Q:15 Price bands for the Limited Physical Market is the same as the
_________? [ 1 Mark ]
[ 1 Mark ]
252
Q:17 If a client buys shares worth Rs. 2,25,000 and sells shares worth Rs.
Q:18 A trading member may face disciplinary proceedings for not complying
(a) True, unless his clients request for opening a bank account
(b) True
(d) False
__________. [ 1 Mark ]
(a) the photographs of the directors the trading member
(d) Name and/or his logo, code of National Stock Exchange membership
A 20 10
B 30 12
C 50 15
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(a) 8.1
(b) 56
(c) 13.10
(d) 3.10
Q:23 What does 'S' indicate as an activity in the 'Activity Log' screen in the
[ 1 Mark ]
the NSE
(a) 1
(b) 3
(c) 0
(d) 2
(a) 2
(b) 5
(c) 4
(d) 3
Q:27 Bank Pass Book shall be preserved for a period of _____ years by the
[ 2 Marks ]
254
(a) 7
(b) 5
(c) 10
(d) 6
Q:28 The Depository transfers the securities from the pool accounts of
Q:30 For liquid securities, the VaR margin covers ________ losses. [ 2 Marks ]
(c) one-day.
Q:31 The primary market issuance is done either through public issues or
___________? [ 1 Mark ]
trading members
255
(a) depositories
(d) custodians
(a) 500
(b) 50
(c) unlimited
(d) 100
[ 2 Marks ]
(a) False
(b) True
Q:38 Incase of any shortfall in margin, the members are not permitted to
(c) trade
256
(a) surety.
(b) indemnity
(c) warranty
Q:40 A trading member on the NSE, has set the branch order value unlimited
for his Chennai branch and Rs. 1000 lakh for Kolkata branch. Chennai
branch has two users 'X' and 'Y' with user order limits of Rs. 250 lakh
and Rs. 300 lakh respectively. Kolkata branch has one user 'Z' with user
order value limit of Rs. 550 lakh. The member applies for a new user at
Kolkata. What is the maximum user order value that can be set for the
(b) Zero
(c) unlimited
Q:41 Rs. 100 lakh is the _____________ for a corporate member in Capital
Q:42 Which is the principal Act that governs the trading in securities market in India?
[ 3 Marks ]
Q:43 Rahul is supposed to receive Rs. 90,000 from Chandra after 3 years. If
the interest rate is 8%, what is the present value of the amount due
(a) 81,444.9
(b) 71,444.9
(c) 86,444.9
(d) 91,444.9
Q:44 The user is not allowed to modify any auction orders. True or false?
257
[2 Marks ]
(a) false
(c) true, only if the price of the order is above Rs. 500
(d) true
Q:46 The detailed outstanding orders screen is split into First Line and
_________? [ 2 Marks ]
Q:47 What does 'SPD' indicate as a message code in 'Full Message window' in
(b) There is no such message code as 'SPD' in the Full Message Window
only
(a) false
(b) true
(b) sub-broker
258
Q:52 If a client buys shares worth Rs. 1,90,000 and sells shares worth Rs.
_______. [ 3 Marks ]
(c) Companies
____________. [ 2 Marks ]
(a) User ID
(b) Terminal ID
259
Q:56 Mr. Desai has decided to deposit Rs. 200,000 in the bank annually. If
interest rate is 10% how much would his deposit grow upto in 2 years?
[ 2 Marks ]
(a) 466,141.11
(b) 471,507.54
(c) 485,570.70
(d) 442,859.90
Q:58 What does 'F' indicate as a status in the 'Auction Inquiry' screen in the
(c) There is no such status indicator as 'P' in the Auction Inquiry screen.
Q:59 A stock-broker shall not create false market either singly or in concert
which leads to interference with the fair and smooth functioning of the
(c) True
(a) ticker
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