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CM Mock Test 16 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

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5/22/2019 6:14:53 AM

Total Questions  60

Pass Marks is 55%

Time Left : 00:00:00 Hrs


Question 1 :The user order value limit once set by the CM can be revised during trading hours [Mark 1]

Question 2 :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 3 :NSCCL advises Clearing Banks to debit account of custodians CMs and credit its account this process is called [Mark 1]

Question 4 :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 upto in 2 years [Mark 3]

Question 5 :For a sell SL orders the trigger price has to be [Mark 1]

Question 6 :The onus for settling the trade lies on the PCM in case there is a PCM associated to any Trading Member [Mark 1]

Question 7 :In a basket trading the orders are created for the selected portfolio of securities according to [Mark 1]

Question 8 :The market wide circuit breakers are triggered by movement of [Mark 1]

Question 9 :The process adopted to determine the net settlement obligations delivery or receipt positions of CMs is verbally called as [Mark 2]

Question 10 :The On Line Backup can also be taken without logging into NEATCM [Mark 1]

Question 11 :In case of a 20 percent movement of the index trading shall be halted for the remainder of the day [Mark 2]

Question 12 :NSCCL identifies short deliveries and conducts a buying in auction through the NSE trading system [Mark 1]

Question 13 :Portfolio created in Portfolio List can be used for basket order entry also [Mark 1]

Question 14 :What is the price band available for Auction Market [Mark 3]

Question 15 :Bad Delivery Reporting is done in [Mark 2]

Question 16 :Market movement Screen can not produce any movement chart for [Mark 3]

Question 17 :If for stop loss buy order the trigger is Rs 93 the limit price is Rs 95 and the market last traded price is Rs 90 then this order is released into the system once the market price reaches or exceeds [Mark 3]

Question 18 :Penalty Points at the beginning of the first settlement period of each 1 1 1 month will be [Mark 2]

Question 19 :In case of Trade Cancellation and Trade Modifications the new quantity requested must be [Mark 3]

Question 20 :But the user is not allowed to cancel auction initiation and competitor orders in auction market [Mark 1]

Question 21 :If a Client code is modified of more than 5 instances what is the penalty point awarded to them [Mark 3]

Question 22 :No untriggered stop loss order will be displayed on the MBP screen [Mark 1]

Question 23 :Whenever a trade takes place the system sends a trade confirmation message to [Mark 2]

Question 24 :Clients Margin which is calculated by marking each transaction in a scrip to the closing price of the scrip at the end of trading is known as [Mark 1]

Question 25 :CB means [Mark 2]

Question 26 :If the Exchange conducts a Buy In auction the trading embers entering sell orders are called [Mark 2]

Question 27 :Margin Required in Group III stocks is [Mark 2]

Question 28 :The user can set up a maximum of 30 securities in one page of the market watch screen [Mark 1]

Question 29 :The Solicitor period for an auction starts after the end of [Mark 1]

Question 30 :If a TM Y has a base capital of 2 crores what will be the Gross Exposure allowed to them [Mark 3]

Question 31 :Informations such as as Market By Price and Previous Trades and Outstanding orders and Activity Log and so on are available on [Mark 1]

Question 32 :The user is not allowed to cancel any auction orders [Mark 1]

Question 33 :Members are given a maximum of ______ time from the date of the violation of intra day limit or Gross Exposure Limit to bring in the additional capital [Mark 1]

Question 34 :A feature in NEAT Trading System that allows the user to disallow the use of the [Mark 1]

Question 35 :The trade reports are downloaded in [Mark 2]

Question 36 :Units of the schemes of liquid mutual funds or government securities mutual funds can also be used as collateral for enhancing Base Capital The haircuts therein shall be [Mark 2]

Question 37 :When a user logs in for the first time he has to enter the default password [Mark 2]

Question 38 :Which of the following activities the user can carry out during Open phase in the normal market on the NEAT system [Mark 1]

Question 39 :ISIN for a security is allotted when the security is admitted to [Mark 1]

Question 40 :SURCON is that period after market close during which the users have [Mark 3]

Question 41 :Orders in the Outstanding Orders screen in the NEAT system are displayed [Mark 1]

Question 42 :Which of the following is FALSE about trade cancellation in the NEAT system [Mark 2]

Question 43 :The period when a trading member can commence the trading activity is known as [Mark 1]

Question 44 :Which of the following is true about trade cancellation in the NEAT system [Mark 1]

Question 45 :The daily margin in T plus 2 rolling settlement comprises of [Mark 2]

Question 46 :Termed assigned to users at the lower most level of the hierarchy [Mark 2]

Question 47 :In Limited Physical market orders get matched when ____________ in the buy and sell order [Mark 2]

Question 48 :A trading member on the NSE has a branch order value of Rs 750lakh for his Mumbai branch and Rs 600lakh for Delhi branch Mumbai branch has two users X and Y with user order value limits of Rs 200 lakh and Rs 200 lakh respectively Delhi branch has one user Z with user order value limit of Rs 450lakh 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 49 :The facility to set Branch Order Value Limits and User Order Value Limits is available to [Mark 2]

Question 50 :As per the existing clearing system the pay in and pay out of securities is effected on [Mark 2]

Question 51 :Which of the following is NOT a derivative traded on Indian Stock Market [Mark 1]

Question 52 :The Capital Market system has four types of market [Mark 3]

Question 53 :NSCCL becomes the legal counterparty to the net settlement obligations of every member This principle is called [Mark 1]

Question 54 :In which book type on the NEAT system does the user enter Limited Physical orders [Mark 1]

Question 55 :Thus the NEAT system provides an Open Electronic Consolidated Limit Order Book [Mark 1]

Question 56 :Which of the following is not the core processes involved in the settlement process [Mark 2]

Question 57 :Is it compulsory for a trading member to maintain a separate bank account for the Clients [Mark 1]

Question 58 :Main advantages of Automated Trading System is or are [Mark 2]

Question 59 :Obligations determined by the NSCCL are settled by [Mark 1]

Question 60 :NSEs Certification in Financial Markets does NOT allow flexibility in terms of [Mark 2]