McqMate
1. |
A ______market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar. |
A. | commodity |
B. | cash |
C. | share |
D. | banking |
Answer» A. commodity |
2. |
Traditionally ____________ has been the largest producers of gold in the world. |
A. | europe |
B. | south america |
C. | south asia |
D. | south africa |
Answer» D. south africa |
3. |
Commodities, which are to be received by a clearing member, are delivered to him in the depository clearing system in respect of depository deals on the respective __________ day as per instructions of the exchange/ clearing house. |
A. | expiration |
B. | pay-in |
C. | settlement |
D. | pay-out |
Answer» D. pay-out |
4. |
By using the currency forward market to sell dollars forward, an _________ can lock on to a rate today and reduce his uncertainty. |
A. | arbitrager |
B. | speculator |
C. | importer |
D. | exporter |
Answer» D. exporter |
5. |
All the exchanges, which deal with forward contracts, are required to obtain certificate of registration from the _______________. |
A. | commodity board of trading |
B. | commodity exchanges |
C. | forward markets commission fm |
D. | government of india |
Answer» C. forward markets commission fm |
6. |
This option to give delivery is given during a period identified as _______________________. |
A. | delivery notice period |
B. | settlement period |
C. | delivery period |
D. | option notice period |
Answer» C. delivery period |
7. |
The first use of derivatives contract was ________________. |
A. | to manage price uncertainty |
B. | for speculation |
C. | for arbitrage |
D. | speculation |
Answer» A. to manage price uncertainty |
8. |
A futures contract is nothing but a forward contract that is __________. |
A. | sold by mutual funds |
B. | sold by banks |
C. | traded across the counter |
D. | exchange traded |
Answer» D. exchange traded |
9. |
In matters where the exchange is a party to the dispute, the civil courts at __________have exclusive jurisdiction. |
A. | delhi |
B. | mumbai |
C. | bengal |
D. | bangolre |
Answer» B. mumbai |
10. |
Final settlement happens on the ____________. |
A. | ]last trading day of the month |
B. | last trading day of the week |
C. | last trading day of the futures contract |
D. | after selling the shares |
Answer» C. last trading day of the futures contract |
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