161. Gilt Edged Securities are
A. Govt. Securities
B. Company’s securities
C. Any of the above
D. None of these
Answer
A. Govt. Securities
162. In India, forfaiting services are offered by
A. RBI
B. SBI
C. EXIM bank
D. All the above
Answer
C. EXIM bank
163. The small investors’ gateway to enter into big companies is —————
A. Equity shares
B. Preference shares
C. Bonds
D. Mutual fund
Answer
D. Mutual fund
164. Money Market mutual fund is also known as ___
A. Growth fund
B. Balanced fund
C. Income fund
D. Cash fund
Answer
C. Income fund
165. ___ fund invests in highly liquid securities like commercial paper.
A. Open ended fund
B. Close ended fund
C. Balanced fund
D. MMMF
Answer
D. MMMF
166. The idea of providing factoring services in India was first thought by —————
A. Vaghul committee
B. Malhotra Committee
C. Tanden Committee
D. None of these
Answer
A. Vaghul committee
167. The market for extremely short period loan is called
A. Call loan market
B. short notice market
C. treasury bill market
D. commercial bill market
Answer
A. Call loan market
168. ___ bills are drawn by contractors on the government departments for the goods suppliedby them.
A. Usance bills
B. T-bills
C. Clean bills
D. Supply bills
Answer
D. Supply bills
169. ___ is also known as ‘Industrial Paper”
A. Treasury bills
B. Commercial bills
C. Financial accommodation bills
D. Commercial paper
Answer
D. Commercial paper
170. Demand bills are also known as
A. Time bills
B. Sight bills
C. Kite bills
D. Wind bills
Answer
B. Sight bills
171. Usance bills are also known as
A. Time bills
B. Sight bills
C. Kite bills
D. Wind bills
Answer
A. Time bills
172. In India, indigenous bills popularly known as
A. Time bills
B. Hundis
C. Trade bills
D. Sight bills
Answer
B. Hundis
173. Which of the following are examples of Hundis in india
A. Shah jog
B. Namjog
C. Jokhani
D. All the above
Answer
D. All the above
174. Bills drawn and accepted payable after three months are called
A. Usance bills
B. T-bills
C. Clean bills
D. Supply bills
Answer
A. Usance bills
175. The market which helps commercial banks to maintain their SLR requirement is
A. Call loan market
B. T-bills market
C. Acceptance market
D. Commercial bill market
Answer
A. Call loan market
176. Bill Market Scheme in India was introduced in the year
A. 1972
B. 1952
C. 1969
D. 1982
Answer
B. 1952
177. Adhoc T-bills are always issued in favour of ___
A. State government
B. Commercial banks
C. Treasuries
D. RBI
Answer
D. RBI
178. The certificate which evidences an unsecured corporate debt of short-term maturity
A. Certificate of Deposit
B. Commercial paper
C. Secured Premium Notes
D. Interbank participation Certificate
Answer
B. Commercial paper
179. Major players of Indian money market is
A. Central bank
B. Co-operative banks
C. Commercial banks
D. Indigenous banks
Answer
C. Commercial banks
180. ___ is the suitable method where small companies issue shares
A. Offer for sale
B. Private placement
C. Issue by prospectus
D. All the above
Answer
A. Offer for sale
181. Zero interest bonds are always issued
A. At premium
B. At discount
C. With detachable warrant
D. Any of the above
Answer
B. At discount
182. ___ is a guarantee for marketability of shares
A. Listing
B. Underwriting
C. Registration
D. Issue by prospectus
Answer
B. Underwriting
183. Which one of the following is /are not function of NIM
A. Origination
B. Underwriting
C. Distribution
D. Listing
Answer
D. Listing
184. BOLT was introduced by BSE in the year
A. 1990
B. 1995
C. 1992
D. 1999
Answer
B. 1995
185. ___ is a permission to quote securities officially on the trading floor of stock exchange
A. Origination
B. Underwriting
C. Distribution
D. Listing
Answer
D. Listing
186. The number of shares which are less than market lots are called
A. Grey lot
B. Odd lot
C. Tag lot
D. Tied lot
Answer
B. Odd lot
187. Rolling Settlement system was introduced by SEBI in the year
A. 1994
B. 1998
C. 1996
D. 1999
Answer
B. 1998
188. The facility to carry forward a transaction from one settlement period to another is called ___ transaction
A. Hand delivery
B. Badla
C. Cornering
D. Arbitrage
Answer
B. Badla
189. The device adopted to make profit out of price differences in two different markets
A. Cornering
B. Wash sales
C. Rigging
D. Arbitrage
Answer
D. Arbitrage
190. A person appointed by a stock broker to assist to him in the business of securities trading attrading floor of stock exchanges is
A. Sub-broker
B. Commission broker
C. Authorised clerk
D. Remisiers
Answer
C. Authorised clerk
191. ___ is also known as Remisiers and Half-commission man
A. Sub-broker
B. Commission broker
C. Authorised clerk
D. Jobbers
Answer
A. Sub-broker
192. An order for the purchase of securities at a fixed price is known as
A. Limit order
B. Open order
C. Discretionary order
D. Stop loss order
Answer
A. Limit order
193. Speculator who neither buy nor sell securities in the market, but still trade on them are called
A. Wolves
B. Stag
C. Bull
D. Bear
Answer
B. Stag
194. The process of holding the entire supply of a particular security with a view to dictating termsis called
A. Cornering
B. Wash sales
C. Rigging
D. Arbitrage
Answer
A. Cornering
195. ___ market deals in unlisted securities
A. Blue chip market
B. Bear market
C. Grey market
D. Bull market
Answer
C. Grey market
196. When purchases of securities are more than sales of securities, the market is called
A. Bullish
B. Bearish
C. Grey
D. Odd
Answer
A. Bullish
197. When sales of securities are more than purchases of securities, the market is called
A. Bullish
B. Bearish
C. Grey
D. Odd
Answer
B. Bearish
198. ___ is the charges paid by a bull speculator to the other party for obtaining carry overfacility
A. Backwardation
B. Contango
C. Spread
D. Margin
Answer
B. Contango
199. Every financial market has the following characteristic:
A. It determines the level of interest rates.
B. It allows common stock to be traded.
C. It allows loans to be made.
D. It channels funds from lenders-savers to borrowersspenders.
Answer
D. It channels funds from lenders-savers to borrowersspenders.
200. Financial markets have the basic function of
A. bringing together people with funds to lend and people who want to borrow funds.
B. assuring that the swings in the business cycle are less pronounced. assuring that governments need never resort to printing money.
C. both (A) and (B) of the above.
D. both (B) and (C) of the above.
Answer
A. bringing together people with funds to lend and people who want to borrow funds.
