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CM Mock Test 10 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

Please do not refersh or reload this page

10/21/2017 10:48:59 AM

Total Questions  60
 

Pass Marks is 55%

Time Left : 00:00:00 Hrs

 


Question 1 :Who acts as a custodian in NSCCL [Mark 2]





Question 2 :Over the counter market describes [Mark 2]





Question 3 :The NSCCL is responsible for post trade activities [Mark 1]



Question 4 :What does P indicate as a status in the Auction Inquiry screen in the NEAT system [Mark 1]





Question 5 :Which of the following is not the core processes involved in the settlement process [Mark 2]





Question 6 :Mr Desai has decided to deposit Rs 100000 in the bank annually If the bank has a policy of continuous compounding and the prevailing interest rate is 11 point 5 percent how much would his deposit grow up to in 2 years [Mark 2]





Question 7 :NSCCL has got decretory power to cut off trading and initiates recovery from any trading member in case of any default by them [Mark 1]



Question 8 :As per the provisions of SEBI Prohibition of Insider Trading regulations any person who holds more than ___ shares or voting rights in any listed company shall make such disclosure to the company [Mark 2]





Question 9 :Who determines the funds or securities obligations of the trading members and ensures that trading members meet their obligations [Mark 1]




Question 10 :If a client buys shares worth Rs 90000 and sells shares worth Rs 110000 through a stock broker then the maximum brokerage payable is [Mark 3]





Question 11 :As per the existing clearing system the pay in and pay out of securities is effected on [Mark 2]




Question 12 :NSCCL pays out demat securities to the members in the ____________ from where these are transferred to the ___________ of the members [Mark 2]





Question 13 :In India the settlement system followed for all securities are [Mark 2]




Question 14 :A person can become a member of ____ recognised Stock Exchanges [Mark 1]





Question 15 :What is true about internet trades on NSEIL [Mark 3]





Question 16 :What can the corporate manager view in the Activity Log screen in the NEAT system [Mark 2]





Question 17 :Which of the following is true about trade cancellation in the NEAT system [Mark 1]





Question 18 :Which of the following statements is TRUE about trade cancellation in the NEAT system 1st The trade cancellation request is sent to the Exchange for approval and message to that effect is displayed in the message window 2nd When a request for the trade cancellation is approved by the Exchange the parties to trade receive a system message confirming the trade cancellation and the trade cancellation slip is printed at their respective trader workstations 3rd If the Exchange rejects the trade cancellation request the trade cancellation rejection slip is printed at their respective trader workstations [Mark 2]





Question 19 :Order entry can be carried out in RETDEBT market by selecting ____________ in the book type field [Mark 1]





Question 20 :Penalties are charged to members for [Mark 3]





Question 21 :x dot 25 address check is performed in the NEAT system when the user [Mark 3]





Question 22 :A trading member on the NSE has set the branch order value unlimited for his Chennai branch and Rs 950 lakh for Kolkata branch and Chennai branch has two users X and Y with user order limits of Rs 250 lakh and Rs 300 lakh respectively and Kolkata branch has one user Z with user order value limit of Rs 350 lakh The member applies for a new user at Kolkata What is the maximum user order value that can be set for the new user [Mark 3]





Question 23 :Which of the following activities the user can carry out during Open phase in the normal market on the NEAT system [Mark 1]





Question 24 :Penalty points are charged to members for [Mark 2]





Question 25 :NSE launched internet trading in [Mark 2]




Question 26 :The amount in unpaid dividend accounts of companies shall be transferred to the [Mark 2]





Question 27 :What can the corporate manager view in the Activity Log screen in the NEAT system [Mark 1]





Question 28 :NSCCL uses services of to transfer demat securities [Mark 1]





Question 29 :The user is not allowed to cancel any auction orders [Mark 1]



Question 30 :A registered sub broker and holding registration granted by SEBI on the recommendation of a trading member can transact through [Mark 1]




Question 31 :Competitor period and solicitor period for any auction are set by [Mark 1]




Question 32 :VaR margin is charged at differential rate on the ________ position of the client [Mark 2]





Question 33 :if the initiators order is a buy order then all the buy orders for that auction other than [Mark 1]



Question 34 :The members/custodians make available the required securities in their _____ with Depository Participants by the prescribed pay in time for securities [Mark 2]





Question 35 :If the Exchange conducts a Buy In auction the trading embers entering sell orders are called [Mark 1]




Question 36 :In the event of the user forgetting his password on the NEAT system the trading member is required to [Mark 1]





Question 37 :A trade can be requested for modification from Exchange with [Mark 1]



Question 38 :NSEs Certification in Financial Markets does NOT allow flexibility in terms of [Mark 1]





Question 39 :If the selection is made on time priority which of the following orders is the best order [Mark 3]



Question 40 :A settlement system has 1st counterparty risk and 2nd systems risk and 3rd liquidity risk [Mark 1]





Question 41 :But the user is not allowed to cancel auction initiation and competitor orders in auction market [Mark 1]



Question 42 :A copy of an advertisement has to be submitted by a trading member to NSE [Mark 1]





Question 43 :A dealer can modify only the orders entered by [Mark 1]




Question 44 :A trading member submits to the stock exchange on an annual basis 1st audited financial statements 2nd networth certificate 3rd proof of renewal of insurance cover [Mark 2]





Question 45 :An user enters order for 10000 shares of PQR and he discloses only 3000 in the disclosure box and how many total disclosures will shown to the market for this trade [Mark 3]




Question 46 :Which of the following statements is FALSE about the NEAT system [Mark 1]





Question 47 :What is the price band available for Auction Market [Mark 3]





Question 48 :Which of the following is FALSE about auctions in the NEAT system [Mark 2]





Question 49 :No price bands are applicable on scrips on which derivative products are available or scrips included in indices on which derivative products are available [Mark 1]



Question 50 :Which of the following is NOT a derivative traded on Indian Stock Market [Mark 1]





Question 51 :In case of a 15 percent movement of either index there shall be ___________ a if the movement takes place after 1 pm but before 2 pm before 1 pm and on or after 2 pm respectively [Mark 3]




Question 52 :A trading member on the NSE has a branch order value of Rs 750 lakh for his Mumbai branch and Rs 600 lakh for Delhi branch and Mumbai branch has two users X and Y with user order value limits of Rs 200 lakh and Rs 200 lakh respectively and 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 for the new user [Mark 3]





Question 53 :The market wide circuit breakers are triggered by movement of [Mark 1]




Question 54 :Which of the following is not true about Mark to Market Margin [Mark 2]





Question 55 :Two trading members can negotiate a trade outside the exchange [Mark 1]



Question 56 :Which of the following functions a branch manager can perform on the NEAT system [Mark 2]





Question 57 :For buy SL orders the trigger price has to be [Mark 1]



Question 58 :Which is the settlement system followed by NSCCL with effect from April 1 2003 [Mark 2]





Question 59 :The user has to select the stocks from an index and allocate an amount to the total portfolio and the system allocates the amount in respective ratio as their Index weightage [Mark 1]



Question 60 :An application for arbitration can be filed within ____ from the date of dispute [Mark 1]