_______ contracts are settle by physical delivery o deliverable grade Interest Rate None of the
1 2 Index Future Currency Future
securities using electronic book entry system of the depositories. Future above
_______ gives the buyer the right, but not the obligation to sell a given Both 1 & 2 None of the
1 3 quantity of the underlying asset, at a given price on or before a gven Call option Put Option options above
future date
_______ is used by issuers for raising fresh capital from the investors by Secondary None of the
1 4 making intital public offers or right issues or offer for sale of equity or Primary market OTC Market
Market above
Debt.
_______ is a market for financial assets that are close substitutes of Commodities Interest Rate None of the
1 5 Money market
money Market Futures Market above
Partially
_______ cannot be converted partially/Fully to equity shares of the Fully Convertible Non Convertible None of the
1 6 Convertible
company Debentures Debentures above
Debentures
Which of the following Entitles an investor to buy equity shares after a Commodities None of the
1 7 Put options Warrants
specified time period at a given price Futures above
Which of te following Is a market for short term funds and instruments Short term market Financial market
1 8 Money market primary market
having a maturity period of one or less than one year.
An active secondary market is not required for the growth of the
1 9 1 0
primary market and capital formation
Last Friday of the Last Thursday of Last trading day None of the
1 10 Derivatives Contract expiry on the month the expiry month of the month above
Treasury bills & Gov Sec's & Gov Sec's & Tax None of the
1 11 Government Securities are of two types namely Gov Sec's Corporate bonds Free bonds above
The primary The secondary None of the
1 12 In _____, the issuer is in direct contact with the investor OTC Market
market market above
1 23 which Deriative contracts are settled in cash Index Future Stock future index Options All of the above
Issue made to
Issue made to all Issue made to those investors
Which of the following terms best describes the term Private None of the
1 25 investors in select group of who already hold
Placements above
Securities market people shares of the
company
_____ are commercial loans availed from any internationally recognised None of the
2 26 source such as bank,export credit agencies, foreign equity holders and ECB ADR GDR above
international capital market
Qualified Foreign
_____ comprises of peoples who invest above rupees two lakhs in a High Networth None of the
2 27 Institutional institutional
single transation. Individuals (HNI) above
Buyers (QIB) Investors (FII)
_____ are bonds issued by Indian Companies and subscribed to by a None of the
2 28 non-resident in foreign currency ADR GDR FCCB above
5 years from the 10 years from the 10 yearscessation
from the
date of start of the date of start of date ofof the
transactions the transactions
How long should be the the records of suspicious transactions (as transactions None of the
2 29 between the between the
defined by PMLA 2002) be maintained by the finanacial institution? between the above
clients and clients and clients and
financial financial financial
institutions institutions institutions
Clearing
corporation acts stock exchange
Stock brokers as a counterparty rank the orders None of the
2 30 Novation is the process though which __________ route their client and guarantees based on price- above
orders settlement to time priority
both the buyer
and seller
Recognition of
Listing of
Securities Contracts (Regulation) Act, 1956 has regualtory jurisidiction securities on stock the securitiesin
intermediaries Investors None of the
2 31 over Protection above
exchanges market
5% of the gross 10% of the gross 8% of the gross None of the
2 32 The base minimum capital should be less than ______ in the exchange outstanding outstanding outstanding above
business business business
2 34 The Maximum prison term for the offence under PMLA 2002 is 3 years 5 years 7 years 2 years
Which of the following options are available in case freezing of demat Freeze for Debits Freeze for credits Freeze for debits
2 41 Both A & C
accounts? only only as well as credits
Which part under PMLA 2002 deals with money laundering offences
2 42 Part A Part B Part C Part D
with cross border implications?
Which policy seperates the insider areas from public areas inside a None of the
2 43 Closed Wall Chinese Wall Black Box
broking company? above
Which section of PMLA deals with the appeal against the order or
2 44 Section 25 Section 42 Section 17 A&B
decision of the appellate tribunal?
Which section of PMLA deals with the appointment of appellate
2 45 Section 25 Section 26 Section 17 A&B
tribunal and procedure to file an appeal?
Which section of PMLA makes the accussed responsible for proving
2 46 Section 15 Section 24 Section 17 B&C
that the proceeds of the alleged crime are un-tainted
Which section of PMLA stipulates every financial institution to maintain None of the
2 47 a record of all cash transactions of 10 lakhs or more in foreign currency? Section 9 Section 12 Section 6 above
Which section of PMLA gives the power to the govt to own the None of the
2 48 Section 9 Section 3 Section 6
properties confiscated by adjudicating authorities above
_______ provides the financial guarantee for all transactions executed Clearing
3 52 SEBI RBI Stock Exchange
on the exchange corporation
_______ is the risk of monetary loss resulting from inadequate or failed None of the
3 53 Market Risk Operational Risk Regulatory Risk
internal processes, people and systems or external events above
_______ is where the trader purchases or sells their security at the best None of the
3 54 Market Price Limit Price Stoop Loss price
market price available above
_______ occurs when the rules governing the securities industry are None of the
3 56 Market Risk Operational Risk Regulatory Risk
changed, giving rise to potential loss above
In english or any
language
contained in the
VIII form other
than that must be Only in English In any languageat English or Marathi
3 57 Account holder can sign in an account opening form attested by a (marks-0.25) his wish
Magistrate or
Notary Public or a
Special Executive
Magistrate
All necessary details for the clearing of futures and option contracts or Information
3 58 Trade Approval Trade enrichment Trade settlement
the settlement of cash Securities are added by ______________ Addition
3 60 In India,the Pay-in of securities and funds happens on__________ T+1 by 11 AM T+2 by 11.30 AM T+2 by 10.30 AM T+1 by 11.30 AM
In Spite of running authority letter given by the cutomer,the broker Once every None of the
3 63 Once every year Once every week
should settle quarter above
If more than one order is available at the same price then they are
3 64 Descending price Descending Ascending time Ascending Price
arranged in ____________ order.
The___________means the trade must be done during the opening Market on open Market on close None of the
3 66 Open order
range of trading prices order order above
The stock broker has to maintain a mapping of the client IDs used at the
3 67 time of order entry in the system, with all the particulars given in the 3 Years 5 Years 7 Years 2 Years
KYC form for a minimum period of__________
Latest Bank Cancelled Cheque Any of the above
3 68 What should be provided by the client as a proof of bank account? statement Both a & b
leaf
/passbook
Which of the following can be given as Address proof for KYC Latest Demat Latest Telephone Both of the None of the
3 69 Procedure? Account statement Bill above above
Ordering
Which of the following is not a business function of a stock broking PortfolioManage Auditing System Disaster Recovery
3 70 Management
office? ment system
system
Which of the following is not a part of custodian information of a
3 71 location of custody type of custody security type All of the above
security master file?
None of the
3 74 Who signs 'surrendered for demat' in the share certificates for Demat? NSDL (mark-0.25) Dp ISSUER/RST Agent above
settlement clearing,funds & settlement,order
3 75 Trade ends with the __________ of the _________ clearing,obligation obligation securities placed
Order matching
Which of the following steps of a trade's life cycle is a middle office and its conversion Risk Management Affirmation and
3 76 Routing of order
function at a broking firm ? confirmation
into trade
3 77 Best buy price is the _____ amingst all orders highest sell price lowest sell price highest buy price highest sell price
FIIS tarding in the Indian Securities market use the services of a Registrar &
3 78 __________ to assist them in the clearing and the settlement of custodian PCM Transfer Agent All of the above
executed trades. (RTA)
A mutual fund manager gives the purchase or sale order of any
3 79 security without having any specific fund in mind for allocating those True 0
securities for which order has been given .
allocation details
of the securities institutional client
Confirmation of Confirmation of traded to the
Broker issues contract notes for the trades of a mutual fund manager code from the
3 80 trades from trades from the respective
only when he receives the- mutual fund
cutodian fund manager funds /scheme manager
from fund
manager
Contract notes Contract notes Electronic
Contract notes with weighted should be serially contract notes
should be signed average rates of
Which of the following statement with respect to the cintract notes ,is by stock broker or trade should starting from the only if the issued
numbered should be
3 81 client
not true? by an authorized contain an beginning of the has pre
signatory of the annexure with
the details there accounting year authorized the
stock broker of the broker stock broker
on
Second database
stores
Computer system instructions to Computer system
has a network
is coupled to a first configure the interface over
database that system to receive which messages
Which of the following is not true regarding the computer system stores data from order None of the
3 86 can be
having a network interface for trade allocation? associating management above
exchanged with
portfolios with systems an order
different risk messages
classes describing trades management
of financial system
instruments.
participant code
financial
Order management system messages for trade allocation purpose in case of risk class
3 87 instrument size of the trade
does not include institutional identifier
identifier deals
Trade is allocated among portfolios based on a portfolio size
3 88 _____________associated with each portfolio statement target ratio risk class all of the above
Buying obligation
determining
delivery vs settlement &
3 89 What are the two phases of the settlement activity? obligation & Pay -in &Pay out selling
payment obligation
setting obligation settlement
T+2 by 12.00
3 90 Pay out of securities and funds happen on - T+2 by 12.30 pm T+2 by 2.30 pm T+2 by 1.30 pm
noon
SEBI (Stock
Stock brokers are required to maintain books of account as prescribed Securities Contract brokers and Sub- Requirement of
3 91 by the (Regulation)Rules brokers) exchanges All of the Above
Regulations
International
Practice of carrying out pay-out of funds and securities by the Clearing Settlement in Fair Delivery versus Organsiation of
Natural law of
3 97 Corporation once the pay-in of funds and securities has been carried and Equitable Securities
Justice payment
out is in accordance with principle of manner Commissions
(IOSCO)
101 Each stock broker is required to send a statement of account for both
4 Every Month Every Quarter Every Year Every Week
funds and securities once in ______
_____ for any security is higher of 5%, or 1.5 times the standard The Extreme Loss Maintenance
4 102 deviation of daily logirithmic returns of the security price in the last six SPAN margin Initial Margin Margin Margin
months.
Mark to Market
4 103 _____ is popularly refered as second line of defence Exposure margin Initial Margin SPAN margin
Margin
104 _____ requirement is based on 99% value at Risk over one day time Extreme Loss
4 Initial Margin MTM Margin All of the Above
horizon Margin
105 An absolute minimum of _____ as a deposit with the exchnage shall be None of the
4 Rs. 2.5 lakh Rs. 1.5 lakh Rs. 3.5 lakh
maintained by member brokers of the Delhi and Ahmedabad Exchange above
within 6 months
at the end of the from the end of None of the
4 106 Annual returns has to be submitted by the broker to the exchange by No time limit accounting year the accounting above
year
110 Member contract books of a stock broker has to be maintained for the
4 2 years 3 years 5 years 7 years
period of _____ years as required by SC( R )R
111 Initial margin is calculated on portfolio basis and not on individual script
4 TRUE 0
basis
112 For the securities list of Group III the VaR margin is equal to five times
4 TRUE 0
the index VaR and scaled up by root 3
113 For Group I securities, the script wise daily VaR is _______ the volatility None of the
4 3.5 times, 7.5% 3 times, 5% 5 times, 7.5%
subject to a miminum of ______ above
Rule 15 of the SC( R ) R states that every member of recognised stock
4 114 exchange should maintain and preserve the fllowing books of accounts 3 years 5 years 2 years 7 years
and documents for the period of ____ Years
On the futures
On the equities On government None of the
4 115 SPAN method for calculating margin requirement is for trades done- and options
segment securities above
segment
Extreme Loss Brokers capital
Daily Margins & None of the
4 116 The Components of credit risk management are ? Margin & VaR Adequacy & Daily
VaR margins above
margins Margins
117 Extreme Loss Margin is collected on the basis of net open positions of
4 TRUE 0
the stock broker
Daily margin,
MTM margin & Daily margin & initial & MTM None of the
4 118 The margins leived by the exchange for the derivatives segment are Extreme loss MTM margin margin above
margin
Extreme Loss
margins for any The Extreme Loss
security is higher Margin is The Extreme Loss
of 5% or 1.5 times This computation collected/adjuste Margin is
the standard is done at the
4 122 Which of the following is not true about Extreme Loss margins? d against the total collected on gross
deviation of daily start of each liquid assets of open positions of
logarithmic month the member on a the stock broker
returns of the
security price in real time basis
the last six months
In futures and options segment, the positions are allowed based on the
4 124 margin available to satisfy _____ requirements of the Exchange. Total Margin Additional margin VaR Margin initial Margin
125 Security deposit kept by the members in the exchanges shall form part base minimum
4 Additional margin initial Margin networth
of the Capital
126 Exchanges are free to stipulate higher base capital in excess of the
4 TRUE 0
minimum statutory requirements
base capital Exposure networth margin
127 Deposit kept at the exchange as a part of the membership requirement
4 requirement of requirement of requirement of requirement of
may be used towards the the member the member the member the member
MTM
The purpose of marginrequireme taking additional
4 128 Additional Capital may be provided by the member for All of the above
initial margin exposure
nt
Cash transactions
Account Payee in exceptional
129 Which of the following is not the mode of payment to and from client's Direct Credit thru circumstances None of the
4 cheques or
account? ETF above
Demand Drafts with the
prescribed limits
Payout of funds and securities to the clients shall be made ______ of within two within one within 3 hours on
4 130 pay-out by the exchanges. on the same day working days working day from the day
from the day the day
one consolidated separate account None of the
4 131 Constituents' Beneficiary Accounts should be account for all for each client Both of the above above
clients
Which of the following margins are not leived in futures and options Extreme Loss None of the
4 132 segment by the exchanges? Initial Margin MTM margin
margin above
133 Which of the following margins are not leived in equities segment by Extreme Loss
4 Daily margin MTM Margin Initial Margin
the exchanges? margin
Value at Risk
4 134 Daily margin is calculated based on Securities Beta MTM Margin Initial Margin
(VaR)
SPAN margin
PRISM (parallel SPAN (Standard PRISM (parallel (Standard
Risk mgmt
135 Initial margin is calculated is done using ______ a product developed by system), Portfolio Analysis Risk mgmt Portfolio Analysis
4 Chicago
_______ of Risk), Chicago system), Chicago of Risk), Chicago
Mercentile Board of Trade Board of Trade Mercentile
Exchange Exchange
Rates to calculate initial margins are computed at _____ intervals, four, one , two, three, one, one, five, one, three, seven, one, five,
4 137 _____ at the beginning of the day, ______ during market hours and one one one one
____ at the end of the day
System System System recognises
recognises the recognises the the unique
The system treats unique exposures unique exposures exposures
138 Which of the following is not true about the SPAN systems handling of futures and associated with associated with associated
4 with
F&O contracts options contracts options portfolios
uniformly like extreme deep options portfolios options portfolios
in-the money like short like inter month
positions expiry options
positions
over a period
139 in the case of futures contracts, the initial margin may be computed on over a one-day on trade to trade over a two-day
4 remainded for
the basis of 99% VaR- time horizon basis time horizon
contract expiry
The end result of the SPAN computation methodology is that the Average of total maximum margin
4 142 ________ on the portfolio will more accurately reflect the inherent risk initial margin minimum margin
margin result
involved with those position as a whole.
Gross open
position signifies Three types of
the gross of all
Margin is required net positions Itthe is important for margins are
stock broker applicable for
which of the following statement is true about the margining system of to be paid on the across all the at any time to option writing-
4 143 option contracts? gross open clients of a know the postion initial margin,
position of the member, on net basis for extreme loss
clients including the all clients margin and mark
proprietary to market margin
postion of the
members
Initial margin and the MTM margin requirement are based on _______ minimum loss maximum loss a worst case
4 144 calculated by valuing the portfolio under several scenarios of changes in least possible loss
occurred occurred scenario
market conditions over a trading day.
145 under the SPAN methodology of margin computation ______ are 16 posssibe 14 posssibe 6 posssibe 12 posssibe
4 considered and thereafter the margin requirements are specified scenarios scenarios scenarios scenarios
For the purpose of MTM margin collection, position of the client is
4 146 _____ across its various securities and the positions of all the clients of netted, netted netted, grossed grossed, grossed grossed, netted
a member are ______
Neither netting off of the position and set-off against MTM profits two
4 147 rolling settlements is permitted nor netting off or set-off against MTM TRUE 0
profit is permitted for computaion of MTM profits/losses for the day.
For the securities list of Group I, script wise daily volatility calculated daily margin daily MTM
4 148 using the exponentially weighted moving average methodology is daily MTM loss daily returns
requirements profit/loss
applied to
149 VaR margin is collected on ______ by adjusting against the total liquid the next trading right after the daily settlement
4 assets of the member day trade is executed an upfront basis basis
150 what is the time limit exchange has prescribed for system audit report By 31st By 31st March By 31st April
4 By 31st July yearly December
to be submitted by the brokers? yearly yearly yearly
151 large deals between institutions are normally done through market
5 TRUE 0
trades
the DI slip should contain the settlement number for which the
5 152 securities are being transfered to the clearing member account TRUE 0
154 what kind of accounts is used to receive shares from selling clients and
5 Delivery Pool Receipt Common
to send shares to buy-ing clients?
Union Bank of None of the
5 155 The Bank of india Share Holding ltd (BOISL) is not a subsidary of- BSE Bank of India India above
It's the _____ functions to make sure that the funds are available in the Clearing member Trading member
5 156 member's account with clearing bank on the day of pay-in to meet the Clearing banks Custodians
's 's
obligations
He clears and
settles trades
executed by other
member is entitled trading members
to execute trades He clears and who choose to
Which of the following is not true abt Trading and Clearing membership on his own settles trades None of the
5 157 in currency derivatives segment? use clearing
account as well as executed by above
services of the
on account of his himself member
client inCurrency
Derivatives
segment
158 Which account is used to receive shares from selling clients and to send Distribution
5 Delivery Account Receipt account pool account
shares to buying clients? Account
159 Which account is used to Transfer shares from pool account to clearing Distribution
5 Delivery Account Receipt account pool account
agency's account? Account
transfer due to a
Transfer arising Transfer arising
transaction done Transfer arising out of
160 Transfer of securities from one account to another may not be done for on a person to out of
5 out of transmission
the purpose of- person basis is transmission and done
nomination on a stock
called 'off market account closure exchange.
transaction'
Exchange of money for the off-market transactions are handled outside clearing bank clearing agency's depository clearing members
5 161 the ______ environment environment system network
5 162 A market trade is one that is settled through participation of a Depository Clearing Bank Stock Exchange Clearing Agency
5 165 Cash settlement refers to settlement of Premiums Fees mark to market All of the above
169 Depository informs custodians /Clearing members about pay-in & pay-
5 TRUE 0
out of securities.
170 What is the time line followed for trade confirmation to broker in case
5 T+1 evening T evening T+1 morning T+1 by 12.30 PM
of custodian settled trade for institutional clients?
On T+1 evening
payment of
171 What is the time line followed for credit of shares/funds to client margins or early None of the
5 T+2 T+3
account in case of custodian settled trade for institutional clients? pay-in of above
securities and/or
funds
working out
working out open working out
segment & None of the
5 172 Clearing mechanism for derivatives products does not involve- positions of the instrument-wise obligations of above
clearing members trade details clearing members
173 What is considered for clearing members eposure and daily margin All the below
5 Obligations Trade details Open positions
purposes ? mentioned
179 Periodic settlement of running account may not be necessary for clients
6 TRUE 0
availing margin trading facility
Strike price adjustment will be made for securities if the company Extraordinary None of the
6 180 declares ______. dividend Ordinary dividend Both of the above above
None of the
6 181 The purchased securities wil be credited in _____ Broker account Client account any of the above above
Fractional All the
182 What will happen if split or consolidation ratio adjustment in Nothing can be None of the
6 settlement can be adjustments will
derivatives results in fractions for market lot/srtike price? done above
done be reversed
None of the
6 183 Which of the following is/are stock benefits declared by the issuer? Rights Amalgamation a&b above
184 Exchange have moved to a faster and efficient mode of settlling trades
6 take 3 days take 5 days take a week take 11 days
within T+2 Days from settlement cycle that used to-
last available last available highest price of
6 185 Daily settlement price for un-expired illiquid future contracts will be- theoritical price
closing price trade price the life cycle.
186 What formula will be used to compute theoretical price for un-expired
6 F=S*ert F=S*e^-rt F=S*e^1/rt F=S*e^rt
illiquid futures contract?
Within how many days of the request, the stock broker shall transfer
6 196 the funds/securities lying in the credit of the client if the same are lying 5 working days 1 working days 2 working days 3 working days
with him?
197 inter client adjustments for the purpose of settlement of the running
6 TRUE 0
account is not allowed
198 Conditions specified for 'running account' shall apply to each and every
6 TRUE 0
class of investors/clients without any discretion.
199 Which of the following margin is not payable upfront by Clearing Extreme Loss None of the
6 initial Margin Exposure Margin
Members? Margin above
6 210 Securities pay-out process is usually completed by- 3.30 pm 2.30 pm 4.00 pm 3.00pm
6 211 Securities pay-in takes place through both Depositories consecutively TRUE 0
retaining the
addressing the adjustment to be relative status of
issues related to carried out on al positions viz. in None of the
6 214 Appropriate adjsutment for Corporate actions will not facilitate in- excerise and open long the money, at the above
assignment positions money, out of the
money
215 Which of the following is not one of the various stock benefits declared None of the
6 Splits consollidations Hive-off
by the issuer of capital? above
Which of the following is one of the various stock benefits declared by Secured Premium
6 216 the issuer of capital? Warrants Amalgamation notes (SPN) All of the above
217 Which of the following is /are cash benefits declared by the issuer of Merger/De-
6 Dividend Hive-off All of the above
capital?. merger
Adjustments may
Adjustments may entail Adjustments may Adjustments may
entail modifications to entail entail
modifications to position and/or modifications to modifications to
strike price, contract either strike all the strike
218 Which of the following statement regarding adjsutment of the position and specifications price, position price, position
6 corporate is not true? market based on the and market and market
lot/multiplier, nature of the lot/multiplier, lot/multiplier,
based on the corporate based on the based on the
nature of the actionon all nature of the nature of the
corporte action. traded positions corporte action. corporte action.
for the day.
219 If the bonus has been declared in an security in the ratio of A:B the
6 A/B+B (A/B)+B (A+B)/B A+B/B
adjustment factor for the same will be-
220 Adjustment factor of A/B will not apply to which of the following None of the
6 Bonus Splits consolidations
corporate action declared in the ratio of A:B? above
compute value of
Compute value of Carry out the position
while carrying out corporate action adjustment, which of the following Compute value of the position rounding off the based on the
6 222 method is falsified, used with a purpose to minimize fraction the position taking into strike revised strike
settlements? before adjustment account the exact price,positions & price and market
adjustment factor Market lot lot
GCT/GTD orders
After the Un-expired of Futures &
announcement of contracts options contracts
the record date, outstanding as on on the
no fresh contracts the last cum-date underlying,
on futures and
223 Which of the following statement is not true regarding the adjustment will be outstanding at None of the
6 options would be
measures in case of mergers? compulsorily the close of the above
introduced on the settled at the business on the
underlying that closing price of last cum-date
will cease to exist the contract on would be
subsequent to the the last cum date. cancelled by the
mergers. exchange
227 An appeal before the appellate panel of abritrators may be filed within
7 TRUE 0
6 months from the date of receipt of arbitral award.
Above Rs 25 None of the
7 228 Arbitration for claims _______ is decided by a sole arbitrator Above Rs 15 Lakhs Above Rs 5 Lakhs Lakhs above
Rs. 10,000 plus Rs. 13,000 plus
If the claim is above Rs.10 lakh but below Rs.25 lakhs in an arbitrator, Rs. 13,000 plus 1.3 0.3 % amount 0.3 % amount None of the
7 229 then the deposit that has to be paid if the claim is made within 6 % amount above above Rs. 10 above Rs. 10 above
months is Rs. 10 lakhs lakhs lakhs
Rs. 39,000 plus Rs. 13,000 plus
Rs. 39,000 plus
230 If the claim is above Rs.10 lakh in an arbitration, then the deposit that 0.9 % amount 0.9 % amount None of the
7 0.39 % amount
has to be paid if the claim is made within 6 months is above Rs. 10 lakhs above Rs. 10 above Rs. 10 above
lakhs lakhs
7 232 Who is the back-bone of the indian market? Stock Exchange Trading Members Investors Regulators
It is an alternate It isunder
prescribed Arbitration aims
Arbitration is a the
dispute at steady
7 233 Which of the following fact about arbitration is not true? Quasi-judicial Arbitration & resolution
resolution for the
process concilliation Act,
mechanism. disputes.
1996
Retired
234 Which of the following is not one of the category of non-members for Retired judges bureaucrats from Chartered
7 Advocates
being on the panel of arbitrators appointed by the exchange? fomr high-court the Ministry of Accountant
Finance
238 For how many days, the time for issue of arbitral award can be Not more than not more than 21 Not more than Not more than
7 extended for sufficient causes? three months days one months two months
where in one party does not attend the proceedings even upon being
239 served the notice and the arbitrators have to pass a decision based on
7 the documents and arguments given by one party, the award is known Compulsory award Speaking award Ex-parte award one-sided award
as-
Three categories
Higher of amount Claim is filled depending upon
240 Which of the following is the criteria for deciding on requisite deposit
7 of claim/counter with-in or after 6 the amount of All of the above
towards arbitration fees? claim months claim / counter
claim.
the arbitration
the client has reference for the the claim
241 A client who is a party to the arbitration, cannot be exempted from the requested for
7 exemption for the same has been /counter claim is All of the above
deposting arbitration fees in case- filed within 6 upto Rs. 10 lakhs
same' months
243 A party filling an appeal before the appleate panel does not pay_____ the statutory the procedural None of the
7 the prescribed fee
along with the appeal. dues deposits above
244 An appeal before the appellate panel of abritrators may be filed within
7 one month 21 days 45 ays two months
____ from the date of receipt of arbitral award.
The appeal to the appeallate panel of arbitrators should be disposed of within two within three
7 245 _______ from the date of appointment of the appellate panel of such within one months within six months months months
appeal by way of issue of an appellate arbital award
may file an
may file an to the may file an appeal
appeal
application to the to the securities
securities
Court of appeallate
appeallate
have no recourse competent tribunal (SAT)
tribunal (SAT)
available and have jurisdiction in within within 45 days
7 246 A party aggreived by the appellate arbitral award- one month
to honour the accordance with from the date of
award section 34 of the from the date of receiving the
Arbitration & receiving the award from
conciliation Act, award from appeallate panel
appeallate panel
1996 of arbitrators
of arbitrators
Rs. 25000 + 0.25% Rs. 15000 + Rs. 17500 + 0.2% Rs. 27500 +
0.25% amount amount above Rs. above Rs.amount
0.15%
amount above Rs.
247 if the amount of claim is higher than Rs.25 lakhs and claim is filed above Rs. 25 25 lakhs
7 25 lakhs subject to lakhs subject 25 lakhs subject
within 6 months, what would be the amout of deposit? to a subject to a
a maximum of to a maximum of
maximum of maximum of
Rs.50,000 Rs.30,000
Rs.25,000 Rs.50,000
if the amount of claim is lower than Rs.10 lakhs and claim is filed within 1.36% subject to a 1.3% subject to a 0.75% subject to 2.5% subject to a
7 250 6 months, what would be the amount of deposit? minimum of Rs. minimum of Rs. a maximum of Rs. maximum of Rs.
15000 10000 75000 15000
254 The facility for modification of mutual fund order does not Depository
8 Scheme name Symbol and series All of the above
include____________ settlement
255 The ISIN of equity shares with rights which are different from equity
8 INP INA IN9 INF
shares bearing INE number starts with ?
256 The minimum investment amount prescribed for acceptance by a None of the
8 1 Lakh 5 Lakh 10 Lakh
portfolio manager from their clients is _____________ above
257 The portfolio manager shall not accept from the clients,funds or
8 True 0
securities worth less than 25 lakh rupees
Elimination of all
Elimination of bad risks associated
Immediate
of the following statement related to demateralised securities is deliveries such as Dematerialisation with physical
259 Which transfer and
8 signature of securities held certificates.Sucha
false? registration of
mismatches,invalid in street names s loss
transfer deeds etc securities ,theft,multination
etc
260 ________have obtained for each of the services offered by the Either of the
8 Licenses Certifications Both of the above
stockbrokers above
Mutual fund Personalized Book Runner &
8 261 Which of the following service is not offered by a stock broker's outlet? Margin Funding
Distribution Advice Lead Manager
264 Securities settlement for mutual fund schemes traded the Exchange's physical depository None of the
8 online trading platform takes place in- settlement mode. settlement mode Both of the above above
Physical subscription order for mutual fund scheme through exchange lower than or Greater than or
8 266 traded online system would be rejected if the order amount is not Lower than Greater than
Equal to Equal to
________the amount specified.
Physical redemption order for mutual fund scheme through exchange equal to or lower Equal to or
8 267 traded online system would be rejected if the order amount is Lower than Greater than
than greater than
_______the amount specified.
268 For mutual fund scheme traded through online platform of the
8 T+2 basis T+1 basis T+5 basis T+3 basis
exchange the subscription transactions shall be settled on-
For mutual fund scheme traded through online platform of the None of the
8 269 exchange ,pay out of funds for redemption transactions shall be physical mode Demat mode Both of the above above
directly made to the invesrtors from the RTAs for -
For mutual fund scheme in case the subscription application form Has not been
270 ___________the redemption request for such subscription will not be is not complete in None of the
8 reached to the Both of the above
any respect above
taken by the RTA and shall be rejected. RTA
Regulations
The SEBI (Portfolio provide that the fee charged to
Managers) portfolio manager the client by the
regulations 1993 shall charge a fee portfolio manager
have not as per the may be fixed
273 Which of the following statement about fee charged by the portfolio None of the
8 prescribed any agreement with amount or a
managers is not true? above
scale of fee to be the client for return based fee
charged by the rendering for a
portfolio manager portfolio combination of
to its clients. management both
services
Special Reports to
274 Which of the following is not one of the regular reports brought out by Broker financial
8 Stock research Secvtor Reports cater to needs of
the stock-brokers to be used by their clients? reports some investors.
The Book
275 Who prepares the list of trading members who are eligible to
8 The company The custodian Running Lead SEBI
participate in the book building process and provides to the exchange? Manager
Correct Status
Please select enter
the answer
#NAME?
#NAME?
#NAME?
#NAME?
Please select enter
the answer
#NAME?