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CM Mock Test 08 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

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10/21/2017 10:51:46 AM

Total Questions  60

Pass Marks is 55%

Time Left : 00:00:00 Hrs


Question 1 :NSCCL advises depository to debit pool account of custodians CMs and credit its account this process is called [Mark 1]

Question 2 :The user order value limit once set by the CM can be revised during trading hours [Mark 1]

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

Question 4 :The corporate manager can also authorize a branch with unlimited order entry by [Mark 1]

Question 5 :The onus for settling the trade lies on the PCM in case there is a PCM associated to any Trading Member [Mark 1]

Question 6 :Buyback of securities from the open Market from the secondary Market is permitted [Mark 1]

Question 7 :The risk that arises if parties do not discharge their obligations fully when due or at any time thereafter is called as [Mark 1]

Question 8 :In a basket trading the orders are created for the selected portfolio of securities according to [Mark 1]

Question 9 :On the securities pay in day delivering members are required to bring in [Mark 1]

Question 10 :During online Backup the system generates two ASCII files namely [Mark 3]

Question 11 :NSCCL identifies short deliveries and conducts a buying in auction through the NSE trading system [Mark 1]

Question 12 :Nifty Midcap Index has got [Mark 2]

Question 13 :Auction settlement is done in [Mark 3]

Question 14 :Portfolio created in Portfolio List can be used for basket order entry also [Mark 1]

Question 15 :Can a stock Exchange directly deliver securities to the investors accounts on both the depositories [Mark 1]

Question 16 :The screen that allows the users to view the auction activities for the current trading day is called [Mark 2]

Question 17 :Penalty Points at the beginning of the first settlement period of each 1 1 1 month will be [Mark 2]

Question 18 :An user can access Activity Log window in inquiry mode [Mark 1]

Question 19 :A trading member exceeds Gross Exposure or Turnover Violation for Rs 4 lacs what is the penalty point awarded to them [Mark 3]

Question 20 :In case of Trade Cancellation and Trade Modifications the new quantity requested must be [Mark 3]

Question 21 :Which stock can be termed as Group 1 stock [Mark 3]

Question 22 :Window that displays security wise information to users for own trades[Mark 2]

Question 23 :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 24 :The purpose of Market By Price is to enable the user to view [Mark 3]

Question 25 :Margin Required in Group II stocks is [Mark 2]

Question 26 :CB means [Mark 2]

Question 27 :Gross intra day turnover of a member shall not exceed [Mark 2]

Question 28 :XD means [Mark 2]

Question 29 :If a TM Y has a base capital of 2 crores what will be the Gross Exposure allowed to them [Mark 3]

Question 30 :A user can set 500 securities in the market watch [Mark 1]

Question 31 :NSCCL has an alarm set for Gross Exposure breaching; the level for such alarms are set as [Mark 2]

Question 32 :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 33 :Additional Base Capital Can be brought in form of Cash and Fixed Deposit Receipts and Bank Guarantee and Approved securities in demat and Government Securities The haircut for the Government Securities in this will be [Mark 1]

Question 34 :Which of the following is not the index displayed in NEAT [Mark 2]

Question 35 :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 36 :On invoking the log off screen the following options are displayed to the user [Mark 1]

Question 37 :Trading is permitted in the security listed under No Delivery period [Mark 1]

Question 38 :When a user logs in for the first time he has to enter the default password [Mark 2]

Question 39 :The alphabet E in the ISIN Number series denotes securities issued by [Mark 1]

Question 40 :On starting NEAT application which of the following is not shown in the logon screen [Mark 3]

Question 41 :Which of the following is FALSE about trade cancellation in the NEAT system [Mark 1]

Question 42 :When the market closes and no further orders are accepted and but the user is permitted to perform activities like [Mark 1]

Question 43 :Which of the following functions a branch manager can perform on the NEAT system [Mark 1]

Question 44 :The period when a trading member can commence the trading activity is known as [Mark 1]

Question 45 :Which of the following is not true about Mark to Market Margin? [Mark 2]

Question 46 :A dealer can [Mark 1]

Question 47 :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 48 :Person who can set user order value limit is termed as [Mark 1]

Question 49 :Which of the following is NOT a derivative traded on Indian Stock Market [Mark 2]

Question 50 :The facility to set Branch Order Value Limits and User Order Value Limits is available to [Mark 2]

Question 51 :Contract note is signed by the [Mark 1]

Question 52 :Term assigned to a user placed at the highest level in a trading firm is [Mark 2]

Question 53 :In which book type on the NEAT system does the user enter Limited Physical orders [Mark 1]

Question 54 :The system that supports an order driven market in NSE is known as [Mark 2]

Question 55 :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 3]

Question 56 :Thus the NEAT system provides an Open Electronic Consolidated Limit Order Book [Mark 1]

Question 57 :A copy of an advertisement has to be submitted by a trading member to NSE [Mark 2]

Question 58 :100 percent trading take place through electronic order matching in India [Mark 1]

Question 59 :NSEs Certification in Financial Markets does NOT allow flexibility in terms of [Mark 2]

Question 60 :Nation wide on line fully automated screen based trading system introduced by NSE is called [Mark 2]