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NSDL-DP Mock Test 09 

Mock Test  :  RMG Student Exclusive :        
Total Marks 100

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7/15/2019 9:00:35 PM

Total Questions  60

Pass Marks is 55%

Time Left : 00:00:00 Hrs


Question 1 :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 2 :Can a delivery instruction for transferring shares from a beneficiary account to a CM pool account be canceled [Mark 1]

Question 3 :SEBI Act 1992 was enacted to Empower SEBI with statutory powers for [Mark 1]

Question 4 :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 5 :SEBI has recently started a system for Improved disclosures by listed companies it is called [Mark 2]

Question 6 :Tick the true statement [Mark 2]

Question 7 :It was specified in 1993 that the governing boards of stock exchanges must have [Mark 2]

Question 8 :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 9 :Which of the following are not the key points of Depositories Act 1996 [Mark 2]

Question 10 :An investor holding shares in demat form will get his bonus entitlement in [Mark 1]

Question 11 :Minimum net worth required for becoming a DP by applicants who are stockbrokers or non banking finance companies [Mark 2]

Question 12 :The custody fees payable by a DP to NSDL in respect of unlisted securities is paid [Mark 1]

Question 13 :Which of the following securities or Papers can not be kept in Depositories [Mark 2]

Question 14 :Which of the following doesnot form part of Pledge or Hypothecation form [Mark 2]

Question 15 :An internet based facility far clients of Depository Participants that enables the account holders to view their account statement is [Mark 2]

Question 16 :The route to the depository, as per the Depositories Act 1996, is [Mark 2]

Question 17 :NSDL has developed its third Internet based application for Securities Trading Information Easy Access and Delivery known as [Mark 2]

Question 18 :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 19 :Which of the following is not a true statement related to the word Dematerialisation of securities [Mark 2]

Question 20 :Fungible means, as shares would not have distinguishing features such as distinctive nos, certificate nos etc [Mark 2]

Question 21 :Who is the Beneficiary owner of the securities in NSDL Depository System [Mark 2]

Question 22 :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 23 :In the depository system the securities dematerialised are not identified by distinctive numbers or certificate numbers as in the physical environment this feature is called [Mark 2]

Question 24 :The account that an approved intermediary needs to open to dematerialise its own securities, is called account in NSDL system [Mark 1]

Question 25 :In case of transactions in a bank account anyone of the joint holders can sign the instructions whereas in the depository all joint holders are required to sign all the instructions [Mark 1]

Question 26 :Settlement in the NSE is based on [Mark 2]

Question 27 :As per Depository Act and Bye Laws a Depository have to maintain all records for [Mark 1]

Question 28 :Can locked in securities be dematerialized [Mark 1]

Question 29 :The sponsors of the depository have to hold at least ________ of the equity capital of the depository company [Mark 1]

Question 30 :Mr O a client of Stock Broker KPM gives a Pledging Creation instruction of 500 shares from his account to L, a NBFC Company, What is the fees payable by company L to its DP [Mark 2]

Question 31 :A foreign entity can hold stake in Equity Capital of a Depository and individually or collectively either as a sponsor or as a DP or as a sponsor and DP together however it can not be more than [Mark 2]

Question 32 :The account opening form should be signed by __________ in case of minor [Mark 1]

Question 33 :NSDL as a depository was sponsored by [Mark 1]

Question 34 :Mr O a client of Stock Broker KPM gives a debit instruction of 500 shares from his account to L, the Client of Stock Broker XYZ, What is the fees payable by Mr L [Mark 2]

Question 35 :SEBI regulation requires that the net worth of a Depository should be [Mark 2]

Question 36 :Which of the following provides for inter connectivity amongst various depositories in the scenario of multiple depositories [Mark 2]

Question 37 :In the Indian Depository Environment NSDL Charges the DP and the DP in turn charges to their clients [Mark 1]

Question 38 :Bank particulars captured in the depository account opening form, are of relevance for which of the following related activities [Mark 2]

Question 39 :Which of the following statements are true for Disciplinary Action Committee [Mark 2]

Question 40 :On rematerialisation the share certificates are [Mark 2]

Question 41 :Any appeal against DAC has to be filed within ___ Days [Mark 2]

Question 42 :Which of the following statements regarding dematerialization is false [Mark 2]

Question 43 :NSDL central system which is connected to different constituents through V SAT or leased lines is known as [Mark 1]

Question 44 :If beneficial owner opts for demat securities in the public issue application form then, the probability of allotment of the shares [Mark 1]

Question 45 :Issuers working system which is connected to NSDL central system through V SAT or leased lines is known as [Mark 2]

Question 46 :Which of the following can appoint a nominee [Mark 1]

Question 47 :What is said to be a Business Partner Systems in a depository environment [Mark 2]

Question 48 :In case of transposition cum dematerialization [Mark 1]

Question 49 :The aggregate value of the securities of the beneficial owners held in dematerialized form cannot be more than __________the net worth for a stockbroker DP {networth small than 10 crs} [Mark 2]

Question 50 :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 51 :The Account opened by a DP for its own securities is known as [Mark 2]

Question 52 :The form for filing the transmission case by the new Karta in case of HUF is [Mark 2]

Question 53 :If a Client subscribes to IDeAS [Mark 2]

Question 54 :The pay in and pay out dates for the settlement calendar is declared [Mark 2]

Question 55 :Application software generates transaction logs and writes on to a client machine every [Mark 1]

Question 56 :The FII DP agreement authorises the DP to act on behalf of the FII for availing depository services [Mark 1]

Question 57 :A DP who is a ______________ should provide to NSDL and SEBI any details regarding any suspension or termination or defaults or any disputes in relation to its dealing with the clearing corporation within 2 working days [Mark 2]

Question 58 :In case the client defaults in payment of charges, DP may charge a maximum interest of [Mark 2]

Question 59 :Is it mandatory for Banks and Financial Institutions and Primary Dealers and Satellite Dealers to subscribe to Commercial Paper in Demat form only [Mark 1]

Question 60 :Investor may open an account with several DPs or he may open several accounts with a single DP [Mark 1]