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CM Mock Test 13 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

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5/22/2019 6:40:33 AM

Total Questions  60

Pass Marks is 55%

Time Left : 00:00:00 Hrs


Question 1 :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 1]

Question 2 :The name of the ________appears in the records of the issuer as registered owner of demat securities [Mark 1]

Question 3 :Every stock broker shall preserve the books of accounts and other records prescribed under the SEBI Stock Brokers and Sub brokers Regulations 1992 for a minimum period of ____ years [Mark 1]

Question 4 :Which of the following agencies assigns ISINs to the securities in India [Mark 1]

Question 5 :A maximum penalty of Rs____can be imposed for insider trading as prescribed under SEBI Act 1992 [Mark 1]

Question 6 :VaR margin is charged at differential rate on the _____________ position of the client [Mark 2]

Question 7 :Which address of the Corporate trading member is printed on the contract note 1st Registered office address 2nd Dealing office address 3rd Correspondence address [Mark 1]

Question 8 :Penalty points are charged to members for __________ [Mark 2]

Question 9 :Which of the following does NOT issue securities in the primary market [Mark 1]

Question 10 :Under T plus 2 rolling settlement, pay in of funds and securities takes place _________ [Mark 2]

Question 11 :The maximum amount of claim payable from the IPF to the investor where the trading member through whom the investor has dealt is declared a defaulter is [Mark 1]

Question 12 :Which of the following is true about trade cancellation in the NEAT system [Mark 2]

Question 13 :In the demat environment the securities are transferred from one account to another through book entry only on the instructions of the [Mark 1]

Question 14 :x point 25 address check is performed in the NEAT system when the user ________ [Mark 3]

Question 15 :What does LIS indicate as a message code in Full Message window in the NEAT system [Mark 1]

Question 16 :Order entry can be carried out in RETDEBT market by selecting ______ in the book type field [Mark 1]

Question 17 :Which of the following obligation reports are NOT generated by the clearing software [Mark 1]

Question 18 :Which of the following activities the user can carry out during Open phase in the normal market on the NEAT system [Mark 2]

Question 19 :Rahul is supposed to receive Rs 90000 from Chandra after 3 years If the interest rate is 8 percent what is the present value of the amount due from Chandra [Mark 2]

Question 20 :If a Trading member is awarded 30 points in June and 50 points in July, what is the expected action on him [Mark 3]

Question 21 :What is the minimum networth for a corporate member in Capital Market and F and O segments of NSEIL [Mark 1]

Question 22 :Mr Desai has decided to deposit Rs 100,000 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 upto in 2 years [Mark 3]

Question 23 :Members can submit which of the following as additional base capital to NSCCL [Mark 2]

Question 24 :A trading member is getting a message that he has violated the gross exposure limit, The gross exposure at that point of time was Rs 1300lakh, What is his base capital, Assume Rs 1300 lakh is allowable gross exposure [Mark 2]

Question 25 :Which is the principal Act that governs the trading in securities market in India [Mark 1]

Question 26 :A trading member on the NSE, has set the branch order value unlimited for his Chennai branch and Rs 950 lakh for Kolkata branch, Chennai branch has two users X and Y with user order limits of Rs 250lakh and Rs 300lakh respectively, 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 2]

Question 27 :A sub broker can have a maximum of ____ clients [Mark 1]

Question 28 :The amount in unpaid dividend accounts of companies shall be transferred to the ____ [Mark 1]

Question 29 :_____________ or a corporate can become member of an exchange [Mark 1]

Question 30 :Which of the following statement is true [Mark 1]

Question 31 :Which of the following statements is TRUE [Mark 1]

Question 32 :NSCCL uses services of _________ to transfer demat securities [Mark 1]

Question 33 :What is the maximum number of depository accounts that can be opened by an investor [Mark 1]

Question 34 :A registered sub broker, holding registration granted by SEBI on the recommendation of a trading member, can transact through ___________ [Mark 3]

Question 35 :Register of transactions shall be preserved for a period of ____ years by the stock broker as per the Securities Contracts Regulation Rules 1957 [Mark 1]

Question 36 :Main advantages of Automated Trading System is or are [Mark 2]

Question 37 :How many depositories are there in India [Mark 1]

Question 38 :NSE has main computer which is connected through Very Small Aperture Terminal installed at its office known as [Mark 1]

Question 39 :What does OM indicate as an activity in the Activity Log screen in the NEAT system [Mark 1]

Question 40 :Limit orders are [Mark 2]

Question 41 :A portfolio contains securities with the expected return as security A probability 40 Return 30 and security B probability 20 return 30 and security C probability 40 and return 50 than what will be the expected return of the portfolio [Mark 1]

Question 42 :Activities allowed during Open Phase are [Mark 3]

Question 43 :Is it compulsory for a trading member to maintain a separate bank account for the Clients [Mark 2]

Question 44 :SURCON is that period after market close during which the users have [Mark 3]

Question 45 :If a client buys shares worth Rs 125000 and sells shares worth Rs 75000 through a sub broker then the maximum brokerage payable to him is [Mark 2]

Question 46 :Activities that a Trading member can carry out in NEAT before the market opens for trading is [Mark 2]

Question 47 :In which book type on the NEAT system does the user enter Limited Physical orders [Mark 1]

Question 48 :Termed assigned to users at the lower most level of the hierarchy [Mark 1]

Question 49 :Contract note is signed by the [Mark 1]

Question 50 :Term assigned to a user who is placed under the corporate manager is [Mark 1]

Question 51 :A client shall make payment for securities purchased to the trading member [Mark 2]

Question 52 :NEAT user who receives the End of Day reports for all branches of the trading member is termed as [Mark 2]

Question 53 :Auction is held in PQR for 10000 shares The closing price of PQR on that day was Rs 149 The last traded price of PQR on that day was Rs 144 The close price of PQR last Friday was Rs 145 The previous days close price of PQR was Rs 154 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 Auction market is plus minus 20 percent [Mark 3]

Question 54 :The Capital Market system has four types of market [Mark 3]

Question 55 :The daily margin in T plus 2 rolling settlement comprises of [Mark 3]

Question 56 :In the event of the user forgetting his password on the NEAT system, the trading member is required to _______ [Mark 2]

Question 57 :Which of the following statements is TRUE on the NEAT system 1st Disclosed quantity orders cannot be modified to such a quantity where the disclosed quantity is greater than the order quantity 2nd Except for the Limited Physical market a user cannot modify an order to a quantity less than the specified Regular Lot and multiples of Regular Lot 3rd Orders cannot be modified to a quantity greater than the issued capital for the security [Mark 2]

Question 58 :What is true about internet trades on NSEIL [Mark 2]

Question 59 :Which of the following is FALSE about trade cancellation in the NEAT system [Mark 2]

Question 60 :A registered sub broker, holding registration granted by SEBI on the recommendation of a trading member, can transact through ___________ [Mark 3]