McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Commerce (M.com) , Master of Business Administration (MBA) .
Chapters
| 201. |
Accommodation bills are also known as ..................... bills |
| A. | kite bills |
| B. | wind bills |
| C. | supply bill |
| D. | both a & b |
| Answer» D. both a & b | |
| 202. |
Adhoc treasury bills are issued in favour of the ..................... only |
| A. | Treasury |
| B. | RBI |
| C. | Commercial banks |
| D. | State government |
| Answer» B. RBI | |
| 203. |
..................... are short term deposits of specific maturity similar to fixed deposits. |
| A. | commercial paper |
| B. | Interbank participation certificate |
| C. | Repo |
| D. | Certificate of deposit |
| Answer» D. Certificate of deposit | |
| 204. |
..................... is an unsecured short term promissory note issued by creditworthy companies? |
| A. | commercial pape |
| B. | interbank participation certificate |
| C. | Repo |
| D. | Certificate of deposit |
| Answer» A. commercial pape | |
| 205. |
Discount and Finance House of India was set up in ..................... |
| A. | 1982 |
| B. | 1988 |
| C. | 1992 |
| D. | 1969 |
| Answer» B. 1988 | |
| 206. |
Discount and Finance House of India was set up in pursuance of the recommendations of .....................Committee |
| A. | Malegam |
| B. | Malhotra |
| C. | Vaghul |
| D. | Narasimham |
| Answer» C. Vaghul | |
| 207. |
..................... has been set up mainly to provide a secondary market in Govt. Securities |
| A. | DHFI |
| B. | OTCEI |
| C. | STCI |
| D. | NSDL |
| Answer» C. STCI | |
| 208. |
Right shares are offered to..................... |
| A. | Debenture holders |
| B. | Existing shareholders |
| C. | List 2 contributories |
| D. | Liquidators |
| Answer» B. Existing shareholders | |
| 209. |
..................... is the suitable method where small companies issue shares |
| A. | public issue |
| B. | placement |
| C. | offer for sale |
| D. | none of these |
| Answer» B. placement | |
| 210. |
..................... is a process of admitting securities for trading on a recognised stock exchange. |
| A. | Registration |
| B. | filing |
| C. | listing |
| D. | admission |
| Answer» C. listing | |
| 211. |
..................... is a preferential independent broker who deals in securities on his own behalf. |
| A. | Jobber |
| B. | sub broker |
| C. | Remisiers |
| D. | arbitragers |
| Answer» A. Jobber | |
| 212. |
The facility to carry forward a transaction from one settlement period to another is known as ..................... transaction |
| A. | Badla |
| B. | arbitrage |
| C. | cornering |
| D. | trading inside |
| Answer» A. Badla | |
| 213. |
The device adopted to make profit out of the differences in prices of a security in to different markets is called..................... |
| A. | Cornering |
| B. | prise rigging |
| C. | arbitrage |
| D. | margin trading |
| Answer» C. arbitrage | |
| 214. |
The central depositary ..................... the security on behalf of the investors |
| A. | Hold |
| B. | transfer |
| C. | both a & b above |
| D. | none of these |
| Answer» C. both a & b above | |
| 215. |
..................... of shares in the first step in the depository process |
| A. | Registration |
| B. | Listing |
| C. | Rematting |
| D. | immobilisation |
| Answer» D. immobilisation | |
| 216. |
. ..................... is the link between the depository and the owner |
| A. | Agent |
| B. | Depository participant |
| C. | Beneficiary |
| D. | Broker |
| Answer» B. Depository participant | |
| 217. |
..................... issues does not bring in any fresh capital |
| A. | equity |
| B. | preference |
| C. | debenture |
| D. | bonus |
| Answer» D. bonus | |
| 218. |
Prospectus is not issued in |
| A. | public issue |
| B. | private placement |
| C. | right issue |
| D. | none the above |
| Answer» B. private placement | |
| 219. |
An issuer need not file an offer document in case of |
| A. | public issue |
| B. | preferential allotment |
| C. | right issue |
| D. | bought out deal |
| Answer» B. preferential allotment | |
| 220. |
An issuer can launch an IPO within..................... |
| A. | 3 months |
| B. | 6 months |
| C. | 9 months |
| D. | one year |
| Answer» B. 6 months | |
| 221. |
An issue of a minimum size of Rs. ..................... crore is a mega issue |
| A. | 50 |
| B. | 100 |
| C. | 150 |
| D. | 300 |
| Answer» B. 100 | |
| 222. |
Financial institutions are also known as ........................ |
| A. | Financial organisation |
| B. | Financial intermediaries |
| C. | Financial system |
| D. | Any of the above |
| Answer» B. Financial intermediaries | |
| 223. |
........................ is the first development financial institution in India. |
| A. | IDBI |
| B. | ICICI |
| C. | IFCI |
| D. | RBI |
| Answer» C. IFCI | |
| 224. |
Management Development Institute (MDI) was set up by ........................ |
| A. | IDBI |
| B. | ICICI |
| C. | IFCI |
| D. | SEBI |
| Answer» C. IFCI | |
| 225. |
IDBI was established in ........................ |
| A. | 1948 |
| B. | 1954 |
| C. | 1992 |
| D. | 1964 |
| Answer» D. 1964 | |
| 226. |
........................ is an apex institution to coordinate, supplement and integrate the activities of all existing specialised financial institutions. |
| A. | IFCI |
| B. | IDBI |
| C. | RBI |
| D. | SEBI |
| Answer» B. IDBI | |
| 227. |
Hedging through futures contracts |
| A. | increases risk of loss if prices fall |
| B. | eliminates profit maximization potential |
| C. | is considered to be speculative in nature |
| D. | all of the above |
| Answer» B. eliminates profit maximization potential | |
| 228. |
In what city are the two largest commodities exchanges? |
| A. | Chicago |
| B. | New York |
| C. | Kansas City |
| D. | Minneapolis |
| Answer» A. Chicago | |
| 229. |
The financial futures market has evolved over recent time because of |
| A. | volatility and risk in the foreign exchange markets |
| B. | volatility of interest rates |
| C. | appeal to speculators due to low margin requirements |
| D. | all of the above |
| Answer» D. all of the above | |
| 230. |
While hedging through interest rate futures reduces or eliminates the risk of loss, it also |
| A. | is illegal in some cases. |
| B. | has not been accepted by most corporate financial managers. |
| C. | eliminates the possibility of an abnormal gain. |
| D. | none of the above. |
| Answer» C. eliminates the possibility of an abnormal gain. | |
| 231. |
Margin requirements on commodities contracts |
| A. | are much higher than those on common stock transactions. |
| B. | vary over time and even among exchanges for a given commodity. |
| C. | typically, are 2 to 10 percent of the value of the contract. |
| D. | none of the above are true. |
| Answer» C. typically, are 2 to 10 percent of the value of the contract. | |
| 232. |
Which of the following can be the underlying for a commodity derivative contract? |
| A. | Interest Rate |
| B. | Euro-Indian Rupee |
| C. | Gold |
| D. | NIFTY |
| Answer» C. Gold | |
| 233. |
Daily mark to market settlement is done ------------ |
| A. | Till the date of contract expiry |
| B. | As long as the contract makes a loss |
| C. | On the last day of week |
| D. | On the last trading day of the month |
| Answer» A. Till the date of contract expiry | |
| 234. |
----------is the actual process of exchanging money and goods. |
| A. | Transfer |
| B. | Settlement |
| C. | Netting |
| D. | Clearing |
| Answer» B. Settlement | |
| 235. |
-----------work at making profits by taking advantage of discrepancy between prices of the same product across different markets. |
| A. | Arbitragers |
| B. | Speculators |
| C. | Exchange |
| D. | Hedgers |
| Answer» A. Arbitragers | |
| 236. |
Commodity exchanges enable producers and consumer to hedge their -----------given the uncertainty of the future. |
| A. | seasonal risk |
| B. | profit risk |
| C. | production risk |
| D. | price risk |
| Answer» D. price risk | |
| 237. |
Which of the following is not true about the national level exchanges? |
| A. | Offers online trading |
| B. | Recognised on permanent basis |
| C. | Offers single commodity for trading |
| D. | Volumes higher than regional exchanges |
| Answer» C. Offers single commodity for trading | |
| 238. |
----------- Exchanges provide real time, online, transparent and vibrant spot platform for commodities. |
| A. | Electronic Spot |
| B. | Regional |
| C. | Futures |
| D. | Stock |
| Answer» A. Electronic Spot | |
| 239. |
----------can only trade through their account or on account of their clients and however clear their trade through PCMs/STCMs. |
| A. | Trading cum Clearing Member |
| B. | Trading Member |
| C. | Commodity Participant |
| D. | Associate Member |
| Answer» B. Trading Member | |
| 240. |
The minimum net worth requirement for PCM on the NCDEX is-----------. |
| A. | 50 Lakh |
| B. | 500 Lakh |
| C. | 5000 Lakh |
| D. | 5 Lakh |
| Answer» C. 5000 Lakh | |
| 241. |
Members of commodity market can opt to meet the security deposit requirement by way of -- --------- |
| A. | Cash |
| B. | Bank Guarantee |
| C. | Fixed Deposit Receipts |
| D. | All of the above |
| Answer» D. All of the above | |
| 242. |
In the case of certain commodities like gold and silver, delivery is staggered over last ------ days of the contract. |
| A. | Two |
| B. | Three |
| C. | Five |
| D. | Thirteen |
| Answer» C. Five | |
| 243. |
Unit of trading for Wheat at NCDEX is--------- |
| A. | 1 MT |
| B. | 3 MT |
| C. | 1 kg |
| D. | 10 MT |
| Answer» D. 10 MT | |
| 244. |
At present how many national commodity exchanges are operating in India? |
| A. | 8 |
| B. | 7 |
| C. | 6 |
| D. | 10 |
| Answer» C. 6 | |
| 245. |
Regulatory body of commodity market in India is------------- |
| A. | FMC |
| B. | NCX |
| C. | ICE |
| D. | ICRA |
| Answer» A. FMC | |
| 246. |
Forward Market Commission (FMC) established in the year----------- |
| A. | 1948 |
| B. | 1964 |
| C. | 1953 |
| D. | 1952 |
| Answer» C. 1953 | |
| 247. |
FMC merged with SEBI in the year------------ |
| A. | 1994 |
| B. | 2008 |
| C. | 2015 |
| D. | 2016 |
| Answer» C. 2015 | |
| 248. |
The year of establishment of National Multi- Commodity Exchange (NMCE) was--------- |
| A. | 2002 |
| B. | 2003 |
| C. | 2004 |
| D. | 2005 |
| Answer» A. 2002 | |
| 249. |
The Headquarters of NMCE is ------------- |
| A. | New Delhi |
| B. | Ahmedabad |
| C. | Mumbai |
| D. | Calcutta |
| Answer» B. Ahmedabad | |
| 250. |
-----------is the world’s largest exchange in silver and gold |
| A. | NMCE |
| B. | MCX |
| C. | ICEX |
| D. | NCDEX |
| Answer» B. MCX | |
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