McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Union Public Service Commission (UPSC) .
| 101. |
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 | |
| 102. |
---------- bills are drawn by contractors on the government departments for the goods supplied by them. |
| A. | Usance bills |
| B. | T-bills |
| C. | Clean bills |
| D. | Supply bills |
| Answer» D. Supply bills | |
| 103. |
---------- is also known as ‘Industrial Paper” |
| A. | Treasury bills |
| B. | Commercial bills |
| C. | Financial accommodation bills |
| D. | Commercial paper |
| Answer» D. Commercial paper | |
| 104. |
Demand bills are also known as |
| A. | Time bills |
| B. | Sight bills |
| C. | Kite bills |
| D. | Wind bills |
| Answer» B. Sight bills | |
| 105. |
Usance bills are also known as |
| A. | Time bills |
| B. | Sight bills |
| C. | Kite bills |
| D. | Wind bills |
| Answer» A. Time bills | |
| 106. |
In India, indigenous bills popularly known as |
| A. | Time bills |
| B. | Hundis |
| C. | Trade bills |
| D. | Sight bills |
| Answer» B. Hundis | |
| 107. |
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 | |
| 108. |
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 | |
| 109. |
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 | |
| 110. |
Bill Market Scheme in India was introduced in the year |
| A. | 1972 |
| B. | 1952 |
| C. | 1969 |
| D. | 1982 |
| Answer» B. 1952 | |
| 111. |
Adhoc T-bills are always issued in favour of-------- |
| A. | State government |
| B. | Commercial banks |
| C. | Treasuries |
| D. | RBI |
| Answer» D. RBI | |
| 112. |
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 | |
| 113. |
Major players of Indian money market is |
| A. | Central bank |
| B. | Co-operative banks |
| C. | Commercial banks |
| D. | Indigenous banks |
| Answer» C. Commercial banks | |
| 114. |
-------- 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 | |
| 115. |
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 | |
| 116. |
-------- is a guarantee for marketability of shares |
| A. | Listing |
| B. | Underwriting |
| C. | Registration |
| D. | Issue by prospectus |
| Answer» B. Underwriting | |
| 117. |
Which one of the following is /are not function of NIM |
| A. | Origination |
| B. | Underwriting |
| C. | Distribution |
| D. | Listing |
| Answer» D. Listing | |
| 118. |
BOLT was introduced by BSE in the year |
| A. | 1990 |
| B. | 1995 |
| C. | 1992 |
| D. | 1999 |
| Answer» B. 1995 | |
| 119. |
-------- 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 | |
| 120. |
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 | |
| 121. |
Rolling Settlement system was introduced by SEBI in the year |
| A. | 1994 |
| B. | 1998 |
| C. | 1996 |
| D. | 1999 |
| Answer» B. 1998 | |
| 122. |
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 | |
| 123. |
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 | |
| 124. |
A person appointed by a stock broker to assist to him in the business of securities trading at trading floor of stock exchanges is |
| A. | Sub-broker |
| B. | Commission broker |
| C. | Authorised clerk |
| D. | Remisiers |
| Answer» C. Authorised clerk | |
| 125. |
------------- is also known as Remisiers and Half-commission man |
| A. | Sub-broker |
| B. | Commission broker |
| C. | Authorised clerk |
| D. | Jobbers |
| Answer» A. Sub-broker | |
| 126. |
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 | |
| 127. |
Speculator who neither buy nor sell securities in the market, but still trade on them are called |
| A. | Wolve |
| B. | Stag |
| C. | Bull |
| D. | Bear |
| Answer» B. Stag | |
| 128. |
The process of holding the entire supply of a particular security with a view to dictating terms is called |
| A. | Cornering |
| B. | Wash sales |
| C. | Rigging |
| D. | Arbitrage |
| Answer» A. Cornering | |
| 129. |
------------ market deals in unlisted securities |
| A. | Blue chip market |
| B. | Bear market |
| C. | Grey market |
| D. | Bull market |
| Answer» C. Grey market | |
| 130. |
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 | |
| 131. |
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 | |
| 132. |
--------- is the charges paid by a bull speculator to the other party for obtaining carry over facility |
| A. | Backwardation |
| B. | Contango |
| C. | Spread |
| D. | Margin |
| Answer» B. Contango | |
| 133. |
--------- is the amount paid by bear to facilitate him to renew a bargain until next settlement date |
| A. | Backwardation |
| B. | Contango |
| C. | Spread |
| D. | Margin |
| Answer» A. Backwardation | |
| 134. |
-------- is the process of selling securities without owning them |
| A. | Short selling |
| B. | Long selling |
| C. | Margin trading |
| D. | Prise rigging |
| Answer» A. Short selling | |
| 135. |
Bull speculators are also known as |
| A. | Tharawaniwalas |
| B. | Tejiwalas |
| C. | Mandiwalas |
| D. | Badliwalas |
| Answer» B. Tejiwalas | |
| 136. |
Bear speculators are also known as |
| A. | Tharawaniwalas |
| B. | Tejiwalas |
| C. | Mandiwalas |
| D. | Badliwalas |
| Answer» C. Mandiwalas | |
| 137. |
Another name of jobber is |
| A. | Tharawaniwalas |
| B. | Tejiwalas |
| C. | Mandiwalas |
| D. | Badliwalas |
| Answer» A. Tharawaniwalas | |
| 138. |
Those who provides finance for carry forward transactions in securities is called |
| A. | Tharawaniwalas |
| B. | Tejiwalas |
| C. | Mandiwalas |
| D. | Badliwalas |
| Answer» B. Tejiwalas | |
| 139. |
The speculator who observes very fast the trends and changes in market is |
| A. | Bull |
| B. | Bear |
| C. | Stag |
| D. | Wolves |
| Answer» D. Wolves | |
| 140. |
------is the bear speculator who struggling to complete his commitments because of wrong foot |
| A. | Bull |
| B. | Lame duck |
| C. | Stag |
| D. | Wolves |
| Answer» B. Lame duck | |
| 141. |
An option (right) to purchase shares in future at predetermined price is called |
| A. | Hedging |
| B. | Put option |
| C. | Push option |
| D. | Call option |
| Answer» D. Call option | |
| 142. |
An option (right) to sell shares in future at predetermined price is called |
| A. | Hedging |
| B. | Put option |
| C. | Pull option |
| D. | Call option |
| Answer» B. Put option | |
| 143. |
---------- refers to the process of creating an artificial condition in market in order to push price of particular shares. |
| A. | Cornering |
| B. | Arbitrage |
| C. | Option deal |
| D. | Rigging |
| Answer» D. Rigging | |
| 144. |
An attempt to gaining short term profit from the price difference or movements of securities are called |
| A. | Investment |
| B. | Speculation |
| C. | Hedging |
| D. | All the above |
| Answer» B. Speculation | |
| 145. |
Companies (Amendment) bill-1999 restricts buy back of shares up to........... of the paid up capital |
| A. | 50% |
| B. | 20% |
| C. | 25% |
| D. | 60% |
| Answer» B. 20% | |
| 146. |
SIDBI is fully owned subsidiary of |
| A. | IDBI |
| B. | RBI |
| C. | SEBI |
| D. | IFCI |
| Answer» A. IDBI | |
| 147. |
“AMBI” stand for |
| A. | Association of Management of Banks in India |
| B. | Association of Merchant banks in India |
| C. | Association of Modern Banks in India |
| D. | Automated Mechanism for Borrowing and Investment |
| Answer» B. Association of Merchant banks in India | |
| 148. |
In listed securities, “Group A shares” are also known as |
| A. | Specified shares |
| B. | Cleared securities |
| C. | Non- specified shares |
| D. | Both a & b above |
| Answer» D. Both a & b above | |
| 149. |
In listed securities, “Group B shares” are also known as |
| A. | Specified shares |
| B. | Non-Cleared securities |
| C. | Non- specified shares |
| D. | Both b & c above |
| Answer» D. Both b & c above | |
| 150. |
Odd lot shares are coming under -------- of listed securities |
| A. | Group A |
| B. | Group B |
| C. | Group C |
| D. | Any of the above |
| Answer» C. Group C | |
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