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NSDL-DP Mock Test 04 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

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10/21/2017 6:05:21 PM

Total Questions  60

Pass Marks is 55%

Time Left : 00:00:00 Hrs


Question 1 :Investor may open an account with several DPs or he may open several accounts with a single DP [Mark 1]

Question 2 :An Intermediary Account can be opened by a SEBI registered intermediary for the purpose of [Mark 2]

Question 3 :In case the client defaults in payment of charges, DP may charge a maximum interest of [Mark 2]

Question 4 :Thumb impressions and signatures other than English or Hindi or any of the other language which is not contained in the 8th Schedule of the Constitution of India is [Mark 2]

Question 5 :The FII DP agreement authorises the DP to act on behalf of the FII for availing depository services [Mark 1]

Question 6 :A POA depository accounts can be operated both by the clients as well as by the POA holder [Mark 1]

Question 7 :The pay in and pay out dates for the settlement calendar is declared [Mark 2]

Question 8 :HUF may appoint the _______ surviving male member of the HUF surviving members, as the new Karta of the HUF in case of transmission [Mark 2]

Question 9 :The form for filing the transmission case by the new Karta in case of HUF is [Mark 2]

Question 10 :The basic number of ISIN consists of ____ alphanumeric characters letter and or digits [Mark 2]

Question 11 :If the signature with the company or R and T Agent is different from the signature with the DP, the client may [Mark 2]

Question 12 :Demat request form for dematerialising government securities is different and is called [Mark 2]

Question 13 :In case of transposition cum dematerialization [Mark 1]

Question 14 :Any trade that is cleared and settled without the participation of a clearing corporation is called [Mark 2]

Question 15 :The clearing member may have to move securities from one bucket with a different market type settlement number combination to another bucket from where pay in is to be effected, to effect this movement a clearing member can give an instruction to move securities from one settlement to another settlement which is called [Mark 2]

Question 16 :The deadline time for DPs to verify and release Inter Depository Transfer delivery or receipt instructions is [Mark 2]

Question 17 :Tick the true statement [Mark 2]

Question 18 :To initiate securities lending process, which of the following options should the lender tick in the Securities Lending Form For Lender or Borrower [Mark 2]

Question 19 :The DP must ensure that clearing members have given the necessary pay in instruction ie instruction for transfer from the CM pool to the CM delivery to effect settlement [Mark 2]

Question 20 :Which of the following options are available in case of freezing of a demat account 1st Freeze for debits only 2nd Freeze for credits only 3rd Freeze for debits as well as credits [Mark 2]

Question 21 :Which of the following provides for inter connectivity amongst various depositories in the scenario of multiple depositories [Mark 2]

Question 22 :Dematerialisation is the [Mark 2]

Question 23 :Which of the following can appoint a nominee [Mark 1]

Question 24 :According to SEBI requirements, securities, forming a part of the SEBI specified compulsory list wherein delivery in demat form is mandatory for all categories of investors, can be delivered in physical form in the stock exchanges connected to NSDL, this requirement is applicable to [Mark 1]

Question 25 :Mr Buyer has sold 100 shares on the NSE, Both, Mr Buyer and Mr Seller have opened depository accounts with NSDL, Assuming, Mr Seller is the buyer of the same shares, the shares will be credited to [Mark 2]

Question 26 :In an application for opening an account for corporates or clearing members only, which one of the following form part of types of accounts [Mark 2]

Question 27 :Bank particulars captured in the depository account opening form, are of relevance for which of the following related activities [Mark 2]

Question 28 :Eligible securities for inter depository transfers are [Mark 2]

Question 29 :The custody fees payable by a DP to NSDL in respect of unlisted securities is paid [Mark 1]

Question 30 :Resolution by arbitration for disputes between NSDL and its business partners [Mark 2]

Question 31 :Can a delivery instruction for transferring shares from a beneficiary account to a CM pool account be canceled [Mark 1]

Question 32 :DVP, in the capital market context, stands for [Mark 1]

Question 33 :Which of the following doesnot form part of Pledge or Hypothecation form [Mark 2]

Question 34 :Novation means [Mark 2]

Question 35 :The route to the depository, as per the Depositories Act 1996, is [Mark 2]

Question 36 :Can shares that are not registered in the name of the account holder be dematerialised [Mark 2]

Question 37 :Fungible means, as shares would not have distinguishing features such as distinctive nos, certificate nos etc [Mark 2]

Question 38 :NSDL [Mark 2]

Question 39 :The account that an approved intermediary needs to open to dematerialise its own securities, is called account in NSDL system [Mark 1]

Question 40 :The depository account that an investor opens is called as [Mark 1]

Question 41 :The account opening form should be signed by __________ in case of minor [Mark 1]

Question 42 :Shyam has 500 shares of ABC Ltd in his beneficial owner account on 12 Oct 1998, He gives a Delivery instruction on the same day to debit his account with 600 shares of ABC Ltd with the execution day as 14 Oct 1998, At the end the of the day on 14 Oct 1998 his account shows a credit of 550 shares, What will happen

Question 43 :In case an investor opts for allotment in demat form in case of bonus or rights issue without opening a depository all [Mark 2]

Question 44 :What is the main purpose of bank account details in account opening form [Mark 2]

Question 45 :If the unitholder opts for either or survivor basis in case of his US64 units, the demat request pertaining to them can be [Mark 2]

Question 46 :Mr Sharechandani, an NRI based in Singapore has purchased 1000 shares of XYZ in March 1995 on a repatriable basis, if he wishes to transfer the shares to his broker on sale [Mark 2]

Question 47 :An investor holding shares in demat form will get his bonus entitlement in [Mark 1]

Question 48 :DP forwards certificates received for dematerialisation along with DRF to [Mark 1]

Question 49 :Settlement in the NSE is based on [Mark 2]

Question 50 :On death of any of the joint holders, securities lying to the credit of the joint account can be transmitted in the name of surviving holders, What is the procedure for the same [Mark 2]

Question 51 :Can locked in securities be dematerialized [Mark 1]

Question 52 :Name the odd one out [Mark 1]

Question 53 :Which of the following statements regarding dematerialization is false [Mark 2]

Question 54 :In stock lending or borrowing process, what is the transaction fees charged by NSDL to lenders DP for moving securities from lenders account to intermediarys account [Mark 2]

Question 55 :If beneficial owner opts for demat securities in the public issue application form then, the probability of allotment of the shares [Mark 1]

Question 56 :In a share application form, if an applicant applies for part subscription in demat form and part in physical form, then [Mark 2]

Question 57 :On rematerialisation the share certificates are [Mark 2]

Question 58 :Name the odd one out [Mark 1]

Question 59 :Which of the following statements regarding dematerialization is false [Mark 2]

Question 60 :Which of the following places does not have a stock exchange [Mark 1]