Test Paper For Stock Market

Model Test Papers for BCSM
(Marks:1.0) (Negative Marks:0.25)

Q.No. 1 The news window includes news on
Option-
Board meeting dates
1
Option-
BSE Training Institute
2
Option-
Buyback of shares
3
Option-
All of the above
4
Answer All of the above
Q.No. 2 A broker can download reports of the last _____ auctions after closing session
Option-
5
1
Option-
15
2
Option-
25
3
Option-
35
4
Answer 25
Q.No. 3 What is Trigger rate.
Option-
The rate at which the stop loss order should be issued in the BOLT.
1
Option-
The rate at which market order gets executed.
2
Option-
Ths closing price of the scrip for a day.
3
Option-
The scrip rate applicable only during the post closing session.
4
Answer The rate at which the stop loss order should be issued in the BOLT.
Q.No. 4 The last ________ entries are reflected in the ticker.
Option-
21
1
Option- 22
2
Option-
23
3
Option-
24
4
Answer 24
The client ID can be registered on the BOLT using the trader terminals
Q.No. 5
authorised by the
Option-
exchange
1
Option-
SEBI
2
Option-
Admin terminal
3
Option-
none of the above
4
Answer Admin terminal
Q.No. 6 On receiving the 6A/7A entries on BOLT the custodians can
Option-
Reject the trade
1
Option-
Accept the trade
2
Option-
Attach their comments to the trade
3
Option-
all of the above
4
Answer all of the above
Q.No. 7 BOLT system started in the year
Option-
1992
1
Option-
1993
2
Option-
1994
3
Option-
1995
4
Answer 1995
If there are no trades in the last 15 mins the _____ price would be the closing
Q.No. 8
price of that particular scrip
Option-
last traded
1
Option-
opening
2
Option-
previous day's closing
3
Option-
none of the above
4
Answer last traded
The members are allowed to have purchase and sell position in single ?Z? group
Q.No. 9
in a settlement
Option-
Rs. 25 lacs
1
Option-
Rs. 50 lacs
2
Option-
Rs. 100 lacs
3
Option-
Rs. 10 lacs
4
Answer Rs. 25 lacs
Q.No.
The pending orders window is invoked when the trader presses
10
Option-
F1
1
Option-
F2
2
Option-
F3
3
Option-
F4
4
Answer F4
Q.No. Members are not allowed to enter into principal-to-principal orders with their
11 clients.
Option-
TRUE
1
Option-
FALSE
2
Answer FALSE
Q.No.
Whatis the number of recommenders required for membership to the Exchange?
12
Option-
None
1
Option-
One
2
Option-
Three
3
Option-
Two
4
Answer Two
Q.No. In a private limited company, the directors of the company who are members
13 shall hold ___ % of the issued capital of the company.
Option-
25
1
Option-
33
2
Option-
51
3
Option-
66
4
Answer 51
Q.No.
The application for a remisier should be sent to the ____________ department.
14
Option-
Trading
1
Option-
Membership
2
Option-
Administration
3
Option-
Finance
4
Answer Membership
Q.No. The Companies Act deals with the various aspects relating to ______
15 management.
Option-
SEBI
1
Option-
Exchange
2
Option-
Company
3
Option-
Broker
4
Answer Company
Q.No.
SCRA gives the Central Government jurisdiction over
16
Option-
Stock Exchanges
1
Option-
Contracts in securities
2
Option-
Listing of securities on stock exchanges
3
Option-
all of the above
4
Answer all of the above
Q.No. The powers under the SEBI Act and the Depositories Act is mostly
17 administered by
Option-
RBI
1
Option-
Company law board
2
Option-
BSE
3
Option-
SEBI
4
Answer SEBI
Q.No.
The Securities and Exchange Board of India is
18
Option-
A body corporate having perpetual succession and a common seal
1
Option-
A subsidiary of Reserve Bank of India
2
Option-
A subsidiary of Government of India
3
Option-
Co-operative organisation
4
Answer A body corporate having perpetual succession and a common seal
Q.No. In case of partnership firm, membership requirements of stock exchange apply
19 to a minimum ___ partners
Option-
2 partners
1
Option-
3 partners
2
Option-
1 partner
3
Option-
4 partners
4
Answer 1 partner
Q.No.
Order that is matched is a passive order
20
Option-
TRUE
1
Option-
FALSE
2
Answer FALSE
Q.No.
Order can be modified till they are notfully traded
21
Option-
True
1
Option-
FALSE
2
Answer True
Q.No.
How Many groups are listed in BSE system :
22
Option-
A,B1,B2
1
Option-
A,B1,B2,Z,F,T,G
2
Option- A and B1
3
Option-
None of above
4
Answer A,B1,B2,Z,F,T,G
Q.No.
There are two types of entities in the whole sale gilt system
23
Option-
Trading members and Remisiers
1
Option-
Trading members and Sub-brokers
2
Option-
Trading members and Participants
3
Answer Trading members and Sub-brokers
Q.No. A Person seeking membership of the exchange should have relevant experience
24 of
Option-
2 years
1
Option-
3 years
2
Option-
4 years
3
Answer 2 years
Q.No.
Common Size Balance Sheet expresses each item as a percentage of
25
Option-
Total Assets
1
Option-
Total Sales
2
Option-
Total Income
3
Option-
Total Expenses
4
Answer Total Assets
Q.No.
Inventory includes :
26
Option-
Raw Materials
1
Option-
Work-in-progress
2
Option-
Finished Goods
3
Option-
All of these
4
Answer All of these
Q.No.
Current Ratio :
27
Option-
Current Assets/Total Liabilities
1
Option-
Current Liabilities/ Current Assets
2
Option-
Current Assets / Current Liabilities
3
Option-
Total Assets / Total Liabilities
4
Answer Current Assets / Current Liabilities
Q.No.
Acid Test Ratio equals
28
Option-
Current Assets - Current Liabilities
1
Option-
Total Assets - Current Liabilities
2
Option-
Fixed Assets - Current Liabilities
3
Option-
Quick Assets - Current Liabilities
4
Answer Quick Assets - Current Liabilities
Q.No.
Gilt funds invest in
29
Option-
Government securities
1
Option-
Tbills
2
Option-
Bonds
3
Option- Equity
4
Answer Government securities
Q.No.
The adjournment cost shall be charged by the Arbitral Tribunal from :
30
Option-
Applicant
1
Option-
Respondent
2
Option-
Parties requesting adjournment
3
Option-
Both Applicant & Respondent
4
Answer Parties requesting adjournment
Q.No.
Touchline
31
Option-
to monitor price movementsof scrips in market
1
Option-
to monitor index movements
2
Option-
to monitor sale price
3
Option-
to monitor last trded price
4
Answer to monitor price movementsof scrips in market
Q.No.
The odd lot trding takes place in
32
Option-
trade to trade basis
1
Option-
netting basis
2
Option-
jobbing basis
3
Option-
all of the above
4
Answer trade to trade basis
Q.No.
What is Trigger rate.
33
Option-
The rate at which the stop loss order should be issued in the BOLT.
1
Option-
The rate at which market order gets executed.
2
Option-
Ths closing price of the scrip for a day.
3
Option-
The scrip rate applicable only during the post closing session.
4
Answer The rate at which the stop loss order should be issued in the BOLT.
Q.No.
Intra day trading volume should not exceed ______ times base capital
34
Option-
33.33
1
Option-
44.44
2
Option-
55.55
3
Option-
66.66
4
Answer 33.33
Q.No.
The auctions reports can be downloaded during
35
Option-
report downloading session & login session of the subsequent day.
1
Option-
Only during log in session.
2
Option-
Only during auction report downloading session.
3
Option-
No such restrictions. Any time during trading hours.
4
Answer report downloading session & login session of the subsequent day.
Trader orders are returned due to
Q.No. a) scrip or company is suspended after the order has been entered
36 b) member or trader has been suspended after the order is entered
c) unmatched orders with retention status EOSESS of the continuos session
Option-
only a
1
Option- only b
2
Option-
only c
3
Option-
a,b & c
4
Answer a,b & c
Q.No. The system will flash warning messages, when the turnover of member reaches
37 t
Option-
60%, 70% and 90% of the intra-day trading limit
1
Option-
2
Option-
3
Option-
None of above
4
Answer None of above
Q.No. Voting rights of the Members are restricted to the number of membership right
38 held by the member.
Option-
Yes
1
Option-
No
2
Answer Yes
Q.No.
The maximum number of members of the Exchange is decided by
39
Option-
The Governing Board of the Exchange
1
Option-
Members of the Exchange in The General Meeting
2
Option-
The Executive Director
3
Option-
A committee appointed for the purpose
4
Answer Members of the Exchange in The General Meeting
Q.No.
A sub-broker may advertise only with permission of :
40
Option-
Member
1
Option-
With Permission of SEBI
2
Option-
With Permission of Exchange
3
Option-
None of the above
4
Answer With Permission of Exchange
Q.No.
A sub-broker may advertise only with permission of :
41
Option-
Member
1
Option-
With Permission of SEBI
2
Option-
With Permission of Exchange
3
Option-
None of the above
4
Answer With Permission of Exchange
Q.No. The Securities Appellate Tribunal shall have, for the purposes of discharging
42 their functions under the SEBI Act, the same powers as are vested in
Option-
a Tribunal Court
1
Option-
a Civil Court
2
Option-
a High Court
3
Option-
None of the above
4
Answer a Civil Court
The owner of securities held through a depository may convert the securities
Q.No.
into physical certificate by giving request to the issuer company/ Securities held
43
in dematerialised form cannot be reconverted into physical form
Option-
TRUE
1
Option-
FALSE
2
Answer TRUE
Q.No. Any loss caused to the beneficial owner due to the negligence of the depository
44 or the depository participant
Option-
the depository shall indemnify such beneficial owner
1
Option-
the issuer shall indemnify such beneficial owner
2
Option-
the depository participant shall indemnify the beneficial owner
3
Option-
the Insurance company shall indemnify the beneficial owner
4
Answer the depository shall indemnify such beneficial owner
Q.No.
Written consent of clients is required only for _________ transactions.
45
Option-
Principal to principal
1
Option-
Delivery
2
Option-
crossed deals
3
Option-
Negotiated deals
4
Answer Principal to principal
Q.No.
Acorporate manager cannot modify order details
46
Option-
if it exceeds the branch order value limitset for the day
1
Option-
if it preceeds the branch order value limitset for the day
2
Answer if it exceeds the branch order value limitset for the day
Q.No. Members are allowed Intra day trading Limit (IDTL) of ____times of their
47 deposited capital
Option-
20
1
Option-
75
2
Option- 15
3
Option-
10
4
Answer 75
Q.No.
Sell order in the stop loss book gets triggerred when
48
Option-
the last traded price reaches or falls below the trigger price of the order
1
Option-
the opening price traded reaches or falls below the trigger price of the order
2
Option-
theclosing price reaches or falls below the trigger price of the order
3
Option-
all of the above
4
Answer the last traded price reaches or falls below the trigger price of the order
Q.No. Circuit filter limit applied by the Exchange on 54 scrips which forms part of
49 Sensex and Nifty or in which derivatives products are available is
Option-
20%
1
Option-
10%
2
Option-
8+8 %
3
Option-
no circuit filters
4
Answer no circuit filters
Q.No. What is the present value of Rs6000 payable 3 years hence ,if the interest rate is
50 5% p.a.
Option-
5183.01
1
Option-
5183.02
2
Option-
7894
3
Option-
5083.12
4
Answer 5183.02
Q.No.
BOLT terminal gets locked if
51
Option-
the trader has exceeded his traderwise limits.
1
Option-
The 5 attempts to log in with wrong password
2
Option-
The online suspension of TWS by admin terminal.
3
Option-
The TWS32.exe
4
Answer The 5 attempts to log in with wrong password
Q.No.
Whether Trader can save Hourly Static s ?
52
Option-
Yes
1
Option-
No
2
Option-
The same is automatically displayed
3
Option-
Allowed only for admin terminal user.
4
Answer Yes
Q.No.
Profiled Baskets are stored in a file named ?
53
Option-
Basket.Mas
1
Option-
BktOrd
2
Option-
Bkt Trd
3
Option-
None of above
4
Answer Basket.Mas
Q.No.
How to Square Off /Repeat a Basket Order ?
54
Option-
Executed basket has to be saved and uploaded through Batch upload entry
1
Option- Automatically by pressing button
2
Option-
Manually has to be created Batch
3
Option-
None of above.
4
Answer Executed basket has to be saved and uploaded through Batch upload entry
Q.No. What is the time period for filing the claim against the Member who has been
55 declared a defaulter ?
Option-
6 Months
1
Option-
12 Months
2
Option-
24 Months
3
Option-
36 Months
4
Answer 6 Months
Q.No.
The participants in the whole sale debt segment are
56
Option-
Banks & Financial Institutions
1
Option-
Corporate Bodies
2
Option-
Legal entities
3
Option-
All three
4
Answer All three
Q.No.
The participants in the whole sale debt segment are
57
Option-
Banks & Financial Institutions
1
Option-
Corporate Bodies
2
Option-
Legal entities
3
Option-
All three
4
Answer All three
Q.No.
A beneficial owner may with the previous approval of the depository
58
Option-
create a pledge in respect of a security owned by him through a depository
1
Option-
hypothecate security owned by him through a depository
2
Option-
Neither (a) nor (b)
3
Option-
Both (a) and (b)
4
Answer Both (a) and (b)
Q.No.
A penalty of suspension of registration of a stock-broker may be imposed if:
59
Option-
The stock broker is guilty of misconduct
1
Option-
The stock broker fails to resolve the complaints of the investors
2
Option-
The stock broker does not follow the code of conduct
3
Option-
All of the above
4
Answer All of the above
Q.No.
the depository shall
60
Option-
have voting rights in respect of securities held by it as a registered owner
1
Option-
have voting rights in respect of securities held by it as a beneficial owner
2
Option-
Both (a) and (b)
3
Option-
None of the above
4
Answer have voting rights in respect of securities held by it as a beneficial owner

Test Paper For Stock Market

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Test Paper For Stock Market

Uploaded by

Copyright:

Available Formats

Model Test Papers for BCSM

(Marks:1.0) (Negative Marks:0.25)

You might also like