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CM Mock Test 09 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

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5/22/2019 5:37:07 AM

Total Questions  60

Pass Marks is 55%

Time Left : 00:00:00 Hrs


Question 1 :If a match is not found for an order then the orders are stored in the books as per the [Mark 3]

Question 2 :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 3 :NEAT provides index basket trading facility in [Mark 2]

Question 4 :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 2]

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

Question 6 :A maximum penalty of Rs____can be imposed for insider trading as prescribed under SEBI Act 1992 [Mark 3]

Question 7 :Who decides the order freeze limit for any particular share [Mark 2]

Question 8 :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 2]

Question 9 :In case of a 10 percent movement of Sensex or Nifty there would be ____________ a if the movement takes place before 1 pm after 1 pm but before 30 pass 2 pm and after 30 pass 2 pm respectively [Mark 3]

Question 10 :Which of the following does NOT issue securities in the primary market [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 :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 13 :What is the operating range for scrips which h has no price Band [Mark 2]

Question 14 :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 15 :When entered an order in IOC [Mark 1]

Question 16 :What does LIS indicate as a message code in Full Message window in the NEAT system [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 :Which of the following obligation reports are NOT generated by the clearing software [Mark 1]

Question 19 :A branch manager can modify orders of [Mark 2]

Question 20 :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 21 :If the selection is to be made on price priority which of the following orders is the best order [Mark 1]

Question 22 :What is the minimum networth for a corporate member in Capital Market and F and O segments of NSEIL [Mark 2]

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

Question 24 :Members can submit which of the following as additional base capital to NSCCL [Mark 2]

Question 25 :Auctions are initiated by the Exchange on behalf of trading members for settlement related reasons [Mark 1]

Question 26 :Which is the principal Act that governs the trading in securities market in India [Mark 2]

Question 27 :Competitor period is the period during which competitor order entries are allowed It starts when the [Mark 1]

Question 28 :A sub broker can have a maximum of ____ clients [Mark 1]

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

Question 30 :_____________ or a corporate can become member of an exchange [Mark 2]

Question 31 :The user is not allowed to modify any auction orders [Mark 1]

Question 32 :Which of the following statements is TRUE [Mark 1]

Question 33 :Order quantities in a Limited Physical Market should not exceed [Mark 2]

Question 34 :What is the maximum number of depository accounts that can be opened by an investor [Mark 1]

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

Question 36 :Register of transactions shall be preserved for a period of ____ years by the stock broker as per the Securities Contracts Regulation Rules 1957 [Mark 2]

Question 37 :NSE dot IT launched the Wireless Application Protocol WAP in [Mark 2]

Question 38 :How many depositories are there in India [Mark 1]

Question 39 :What is the purpose of Market Statistics report on the NEAT system [Mark 3]

Question 40 :What does OM indicate as an activity in the Activity Log screen in the NEAT system [Mark 1]

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

Question 42 :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 43 :Auction is held in XYZ for 5000 shares and the closing price of XYZ on that day was Rs 155 and the last traded price of XYZ on that day was Rs 150 and the price of XYZ last Friday was Rs 151 and the previous days close price of XYZ was Rs 160 then what is the maximum allowable price at which the member can put a sell order in the auction for XYZ and The price band applicable for auction market is plus minus 20 percent [Mark 3]

Question 44 :Is it compulsory for a trading member to maintain a separate bank account for the Clients [Mark 2]

Question 45 :Which of the following is false about auctions in the NEAT system [Mark 3]

Question 46 :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 1]

Question 47 :In Limited Physical market orders get matched when ____________ in the buy and sell order [Mark 1]

Question 48 :In which book type on the NEAT system does the user enter Limited Physical orders [Mark 1]

Question 49 :The depositories which provide electronic transfer of securities in India are [Mark 1]

Question 50 :Contract note is signed by the [Mark 1]

Question 51 :As per the current clearing system the pay in and pay out of funds as well as securities take place in [Mark 1]

Question 52 :A client shall make payment for securities purchased to the trading member [Mark 2]

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

Question 54 :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 55 :The two main entities which completes the settlement cycle in NSE are [Mark 1]

Question 56 :The daily margin in T plus 2 rolling settlement comprises of [Mark 3]

Question 57 :Who monitors the comprehensive risk management system for proper settlement process [Mark 1]

Question 58 :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 1]

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

Question 60 :Which of the following is FALSE about trade cancellation in the NEAT system [Mark 1]