No NISM DOCE Exam MCQs A B C D

1 NISM stands for National Institute of National Infrastructure for National institute for Securities National Institute for Stock
Securities Markets Securities Market Management Markets
2 SEBI stands for Securities Entertainment Securities and Exchange Board Securities Exchange Beuro of Stock Exchange Board of India
Boardf India of India India
3 One of the following is not a Capital Market Intermediary RTA Depository Custodians Public Sector Undertakings
(PSUs)
4 One of the following legislation is NOT for regulating the Securities SEBI Act 1992 The Depositroies Act 1996 The Partnership Act 1992 SCRA 1956
Market Transactions
5 The SEBI Act, 1992 vests SEBI with statutory powers for, Regulating Commercial Regulating Foreign Banks in Regulating Securities Mrket in To protect the interest of the
Banks India India Customers of commercial
banks
6 The orders of SEBI under the securities laws are appealable before Securities Appellate Debt Recovery Tribunal Debt Recovery Appellate National Company Law Tribunal
Tribunal Tribunal
7 The SEBI Act and the Depositories Act are mostly administered by RBI Deartment of Company Affairs SEBI Department of Economic
Affairs
8 The trading and settlement process of securities in electronic form isCompanies Act 2013 SEBI Act 1992 Depositories Act 1996 RBI Act 1934
streamlined by
9 Who has powers to register and regulate all market intermediaries in SEBI RBI IRDA NSE
the securities market and also penalise them.
10 The depositories provide their services to the security holder(s) Brokers Clearing Members Depositary Participants Bankers
through their agents called
11 Securities in dematerialised form are not identified by distinctive Flexibility Funjibility Transferability Liquidity
numbers and certificate numbers as in the physical environment. This
is called as
12 In the depository system, the ownership of securities dematerialised Security Holder Depositiry Custodians Issuer Company
is vested with
13 In demateriialised Securities the Issuer company will be called as Benefitial Owner Registered Owner Fiduciary Owner Custodian for Security holder

14 All the rights,duties and liabilities in the underlying dematerialised Benefitial Owner Registered Owner Depository SEBI
security will belong to the
15 Transfer of shares held in dematerialised form takes place freely Physical Transfer Electronic Book Entry System Both in Physical and Electronic Securities are Not Transferable
through Form
16 Depository is a public limitted company obtained its Certificate of SEBI RBI ROC IRDA
Registration from
17 Any person opening a Demat account through a DP has to Rights and Obligations Physical Security Doccument Electronic Security Doccument not to acknoledge anything
acknololedge the Doccument
18 A Depository Participant (DP) is the -------------------- of the Depository Principal Agent Benefitial Owner Registered Owner

19 A DP can offfer the depository related services only after obtaining RBI Depositories SEBI ROC
the Certificate of Registration from
20 If a Stock Exchange is a sponsor for any Depository it cannot hold 25 Percent 24 Percent 51 Percent 5 percent
more than ---------- percent of the paid up equity share capital of the
Depository
21 Agreement between Depository and issuer Company is NOT Depository Bank Public Ltd Company Private Ltd Company
necessary if the issuer is
22 In Trpartite Agreement the agrement is entered by Depositry, RTA SEBI RBI Issuer Company Investor
and --------------
23 As Per SEBI regulations and also as per PMLA 2002 every 10 Years 5 Years 8 Years 12 Years
Depository has to maintain the records and doccuments for
aminimum period of
24 Investors are having the option of opening a Demat account with FALSE TRUE
sevaral DPs
25 Investors are having the option of opening several Demat Accounts TRUE FALSE
with a Single DP
26 The function of Depository in Corporate action is A. Providing Statement A only True Statement B only True Both the statements are True Both the Statements are False
information to the issuer company about the persons eligble for the
benefits. B. Taking the responsibility of distributing the benefits to
eligible persons
27 Pledged or Hypothecated securities are transferred to a segregated CDSL NSDL
or collaterl account in
28 Before dematerialisation of securites, transfering the security in the Electronically Mechanically Endorsement on the backof the No transfer took place.
name of the buyer was taking place physical secrity
29 In the case of Demat account opened in Joint names E or S facility is FALSE TRUE
available for operation
30 A Clearing House or Clearing Corporation is eligble to be a TRUE FALSE
Depository Participant
31 A RTA can also function as Depository Participant TRUE FALSE
32 Abroker can also function as a Depository Participant FALSE TRUE
33 The applicant to function as a DP has to submit the Net Worth Auditor Cost Accountant Company Secretary Bankers
certificate certified by
34 The aggregate value of the portfolio of securities of the clents for a 100 Crore 50 Crore 20 Crore 10 Crore
Stock Broker cum DP should not exceed 100 times of the Networth
of the Stock Broker cum DP. This SEBI regulation is not aplicable if
the minimum Networth of the Stock Broker cum DP is

35 If a NBFC seeks to act as a DP for some other person the Net worth 10 Crores 50 Crores 30 Crores 5 Crores
of the NBFC will be
36 Application received by Depository from a proposed DP has to be 30 days 20 days 10 days 15 days
forwarded to SEBI by the Depsoitory after satisfactory evaluation
with in
37 For opening a Demat account with a DP the rights and Obligations Female Investor FII registered with SEBI A Minor Investor Valuable Investor
agreement need not be excuted by
38 Certificate of Deposits issued by banks are eligible for FALSE TRUE
dematerialisation
39 Minimum Net worth required to apply for DP with NSDL is Rupees 2 Crore 3Crore 5 Crore 10 Crore

40 For opening a Demat Account with a DP one of the given Bank Pass Book Copy Pan CardD Ration Card Cancelled Cheque Leaf
doccuments is mandatory
41 Certificate of Registration issued by SEBi to a Depository Particpant For 5 Years the DPUnless t is suspended Unless it is cancelled Both B and C
(DP) will be valid
42 Statement sgowing the consolidated view of all the investments in Consolidated Account Consolidated Investment Consolidated Securities Consolidated Depository
Mutual Funds and and securities by the investor is called as Statement (CAS) Statement (CIS) Statement(CSS) Statement(CDR)

43 In the case of any transaction in the Demat account or Mutual fund 6 months 5 months every month one Year
Folios the Cas will be sent by the Depository once in
44 In case there is no transaction in any of the mutual fund folios and Monthly Half-Yearly Quarterly once in a Year
demat accounts then CAS with holding details shall be sent to the
investor
45 Internal Audit of the depository operations has to be conducted by a 6 months 3 months 15 days 30 days
Charted Accountant or a Company Secretary or a Cost Accountant
once in
46 The related informations about the suspicious transaction has to be 10 7 30 15
reported by the DP to the Directir FIU-IND with in ------------------ working
days of establsihment of the transaction
47 A DP may choose to Terminate the operations with the Depository 15 days 3 months 30 days 6 months
by giving a notice to the Depositiry not less than
48 One of the following security is not eligible for dematerialisation in a Listed Equity Shares Unlisted Securities Banks Fixed Deposit Receipt Commercial Paper
depository
49 One of the following is not treated as a Corporate Action Announcing Recod Date Interest Payment for Conducting a CSR activity Announcing Book closure date
Debentures
50 ISIN stands for Indian Security IdentificationInternational Securities Invalid Shares Identification Initial Security Identification
Number Identification Number Number Number
51 Grivences of the investor has to be redressed by NSDL since they are 30 days 21 days 15 days 7 days
one mong the tripartite agreement with in
52 Grivences of the investor has to be redressed by CSDL since they are 30 days 21 days 15 days 7 Days
one mong the tripartite agreement with in
53 The issuer or RTA will have to inform the depository, the rejection of 30 days 15 days 7 days 21 days
dematerialisation reuest of an investor , elecronically with in

54 The RRF of the clients has to be forwarded by the DP to the issuer 10 days 7 days 15 days 30 days
or RTA with in--- days of accepting the request
55 The issuer or RTA will have to despatch the physical security 10 days 15 days 30 days 21 days
certificate directly to the client after accepting the RRF with in -----
days from the receipt of the RRF
56 On receipt of the acceptance of the Issuer or RTA for RRF of an CREDIT DEBIT
investor the depository will ----------------------the demat account of the
investor with the DP with the number of securities remateriallised.

57 One of the given options is not a monetary corporate benefit. Interest on Debentures Dividend Rights Issue Interim Dividiend
Identify
58 On receiving the information about the monetary or non- monetary Issuer Company Depository Depository Participant The Stock Exchange
corporate action with the cut -off date the ---------------------------------- will be
providing the details of holdings of the client to the issuer or RTA.

59 In the case of split of Shares, Consolidation of Shares,merger or Self Corporae Action Automatic Corporate Action Corporate benefit Action Motivated Corporate Action
demerger of securities or Bonus issue the corporate Action is
automaticaly executed in the Fixed Ratio by the Depository. This
Action is named as
60 Out of the given options one is eligible for dematerialisation. That Banks Fixed Deposit Banks Tax Saver FDs. Certificate of Deposits Recurring Depsoit
can be
61 The form and contents of the Rights and Obligations document are SEBI Depository Depository Participant SEBI and Depository
specified by
62 The holders of Securities arre having the ownership in the securities. Benefitial Owner Account Registered Owner Account Clearing Member Account Clearing House Account
This type of Demat Account is the
63 The Demat Account opened by a Clearing Member or a Broker for theTrading Account Clearing Member Account Settlement Account Benefitial Owner Account
purpose of trading and settlement is called
64 Bank Accounts in the name of Stock Broker in which the clients funds Stock Broker- Client Stock Broker Funds Account Cleient Funds Account None of the above
are held is called Account
65 Demat Accounts opened by the Stock Broker to hold the Securities Stock Broker- Client Stock Broker Securities Cleient Securities Account Cleient Funds Account
of the Client Account Account
66 Demat account(s), maintained by the stock broker for depositing Stock Brokker- Securities Stock Broker-Collateral Stock Broker- Trading Account None of the above
securities collateral with the clearing corporation, shall be named as Account Account

67 Demat Accounts held by the Stock Broker for the purpose of Stock Brokker- Securities Stock Broker-Collateral Stock Broker-Pool Account Stock Broker- Trading Account
Settlements is named as Account Account
68 Bank Accounts in the name of Stock Broker for settlements is named Stock Broker-Collateral Stock Broker-Pool Account Stock Broker- Trading Account Stock Broker- Settlement
as Account Account
69 Additional Information in Part II of the Demat Account opening form Depository Participants RBI Depository SEBI
is prescribed by ----------------------------- to the DPs
70 Additional Information in Part II of the Mutual Fund Account opening Depository Association of Mutual Fund of SEBI IRDA
form is prescribed by ----------------------------- to the DPs India (AMFI)
71 In Joint Demat Account maximum number of Account holders in the Four Three Two No LIMIT
joint Account will be
72 One of the Following Doccuments cannot be accepted as proof of ID Passport Voters ID Driving License Utility Bill Payment Receipt

73 For opening the Demat Account in joint names Proof of Identity and The First Name of the Joint First Two Names of the Joint All the Joint Account Holders POI and POA not necessary for
Proof of Address has to be accepted for Holders Holders Joint Accou ts
74 In Person Verification of client (IPV) is not required in the following Client Submits photocopy Client Submit phito copy of Verification of the client with At any cost IPV is mandatory
case of Aadhar Card Bank Statement for last three UIDAI is carried out through
months biometric authentication
75 Demat Accounts opened by the Stock Broker to hold the Securities StockBroker - Client Margin Account Clearing Account Benefitary Owner Account
of the Client in CDSL is called as Account
76 Client Master Report along with Charges structure has to be NSDL CDSL Both Not furnished
provided to the client after opening the demat accoint is available in

77 CM-BP-ID is necessary for opeing the Clearing Member Demat NSDL only CDSL only Both None of the above
Account with
78 Clearing Membersmaintaining CM Accounts with DPs of NSDL can Only one CM Account per Two Accounts one for Futures / Three Accounts. One for Futires/Allthe three are correct
open and maintain Stock exchange Options and another for CM Options ,Secondly forSLBM
Regular Trading operation and third one for
Regular Trading
 79 In the case of opening joint Accounts in three beneficial Owners the All The Three persons First Person only Second Person Only Only to the Last person
communication regrdsing the accounts will be sent by the DP to

80 In the case of death of a joint Account holder, on request of the To the first holders Second Holders Individual To a new demat account to Government account
existing Account holders the security balance in the Demat account individual Demat Account Demat Accounts opened jointly by the existing
will be transmitted account holders
81 Demat Account in the name of HUF can be pened with the name of TRUE FALSE
Kartha Jointly
82 Account opened in the name of minor should not have joint holdings TRUE FALSE

83 When minor attaining major status, A. NSDL, suspend the account Statement A only True Statement B only True Both Statements are True Statement B is False
for debit and disable the standing instruction for Credits. B. CDSL
automatically suspend all the debits
84 Demat Account cannnot be opened in the name of Individuals Corporate Bodies Partnership Firm Registered Trust
85 Opening, closing of Demat Accounts and operating instructions by NSDL CDSL Both
the Power of Attorney of a NRI cannot be executed in
86 Any visually challenged person can open and operate the demat TRUE FALSE
account including online facility like any other investor
87 if the signature is in any language other than those specified in the NSDL CDSL
Schedule VIII to theConstitution of India or English, it should be
attested by a Magistrate or a Notary Public or a Special Executive
Magistrate This followed by
88 Accounts opened for illeterate person has either to be introduced by NSDL CDSL Both Accounts are not opened
existing Demat Account holder or attested by the applicant bak is the
practie followed byu
89 Introduction for opening demat account for an illtereate is not NSDL CDSL Both Accounts are not opened
necessary in
90 Client Account number in CDSL and NSDL will be having 11 digits 12 digits 16 digits 15 digits
91 Power of Attorney executed before the promulgation of Valid for operting Demat Invalid for operating Demat
Depositories Act are Account Account
92 Can a Power of Attorney open a Demat Account on behalf of his Cannot Open Can Open Can open and operate for 6 Can open and operate till the
Principal months only date of expiry of POA
93 One of the conditions of depositories to permt POA to operate the POA can only Opearte the POA can operae the Account if POA Holder does not have the None of the above
Account is Account he open the account on behalf sole authority to operate the
of the client account
94 Delivery Instruction Slip Book will be given for the Demat account To POA only To the Client only To Both of them To None of them
operated by POA
95 Securities held in the clients Demat Account will be merged in the Incorrect Statement Correct Statement
POA demat Account after executing the POA
96 The entities which are authorised to do pay-in and receive the pay-out Depository Participants Depositories Stock Exchange Clearing Member
from a Clearing Corporation (CC)/ Clearing House against trades
done by them or their clients are known as
97 Based on the submission of Demat Opening form, letter issued by CH-CM-ID SE-CM-ID CM-BP-ID CM-DP-ID
CC bearing CC-CM-ID and SEBI Registration certificate of the Clearing
Member by the DP the Depository will allot
98 In the event of the death of a joint holder, the balance lying in the Another Account in the a New Account in the survivors Old account can be retained a closed demat Account
account can be transmitted, on request of the surviving holders, to same Joint names name

99 The name of the BO can be changed after opening the Demat Account NSDL CDSL Both Cannot be changed
in
100 Rights and Obligation doccument is a standard Doccument NSDL CDSL RBI SEBI
approved by
101 Devolution of title to shares and securities due to death, Lunacy, Transmission Transposition Doccumentation Liquidation
Bankruptcy etc is called as
102 At NSDL, processing of target account is in NSDL.Transmission Target of Holdings Transfer of Holdings Deceased Holding None of the above
request should be processed through------------------------------- module only
where the target account is in NSDL.
103 The securities which cannot be transferred to the new account for NOT-CLOSED CLOSED TO-BE-CLOSED DECEASED ACCOUNT
transmission due to its encumberance or inactive for pending
corporate actions the account will be showing the status of

104 Provisions for nomination in respect of shares, debentures, Fixed RBI Act 1934 Banking Regulation Act 1949 SEBI Act 1992 The Companies
Deposit etc was introduced by (Amendment)Act1999
105 A share Holder, Bond Holder or Debenture Holder can nominate One Nominee Three Nominees Two Nominees Nomination is not available
maximum
106 The Nomination facility for Shares,Bonds,Debentures etc is available Indian Individuals NRIs Both Resident and NRIs Corporates
for
107 Nomination facility is not available for one of the given Bbenefitial Individuals Joint Accounts Trust None of the above
Owner Accounts
108 A nominee can be a HUF Trust Body Corporate Individual
109 In the case of nominating more than one nominee the client has to pro rata as decided by DP pro rata as decided by DP pro rata as decided by DP Equal
specify the percentage of share for each such nominees otherwise
allocation of securities among nominees will be
110 A POA holder of a Demat Account can nominate or change existing TRUE FALSE
Nominiee at any time
111 Nomination Form does ot have provosion for securities in NSDL CDSL Both depositories None of the above
112 Photograph of the Nominee and his Signature has to be obtained in CDSL NSDL Both depositories None of the above
the nomination Form In
113 If the successors of the deceased were unable to submit the required one lakh Five lakhs Three lakhs Two lakhs
doccuments for transmission of securities the DP can permit the
transmission if the value of securities on the date of such application
are not exceeding to the value of Rupees
114 CDSL Nomination form does not have provision for mentioning TRUE FALSE
securities.
115 One of the following is not the component of ISIN a Pre-fix a Basic Number a Check Digit IFSC number
116 ISIN is a --------- character long identification code. Fifteen Sixteen Twelve Fourteen
117 The Pre-Fix in the ISIN number is Two-letter company code Two-letter Country Code Two- Letter Postal Code Two-Letter Stock Exchange
Code
118 The function of assigning ISIN of various Securities is delegated to Ministry of Finance SEBI RBI NSE
NSDL by
119 Allotment of ISIN for G-sec is done by Department of Company Department of Economic RBI SEBI
Affairs Affairs
120 The third digit of the ISIN number is A. This is the security issued by a Company a Mutual Fund Central Government State Government

121 At the time of submitting the securities for dematerialisation , if FALSE TRUE
there is any change in the order of names appearing in the security
DRF can be submitted along with the reuest for transposition

122 DRF for Govvernment Securities is DRF-ordinary DRF-MF DRF-GS DRF-Debenture

123 DP has to deface the physical Share Certificate given for To be Dematerialised Surrendered for Dematerialised None of the above
dematerialisation with the words Dematerilisation
124 If the request details are entered in its DP system for URN DRN OTP UID
Dematerilisation of securities the DP system will generate
125 The DRF of the clients along with the physical securities received by 15 days 7 days 21 days 30 days
the DP has to be forwarded to the issuer or to the RTA with in--- days
of accepting the request
126 which enables BOs to convert their mutual fund units represented by Demating MF units Destatementisation Statement of Account Demat Account
Statement of Account (SoA) in physical form to electronic form and
hold the same
in their demat account with CDSL
127 The form requested for dematerialsing the Mutual Fund units is DRF-ordinary DRF-MF DRF-GS DRF-Debenture
128 The rejection letter received from AMC/RTA for demating the MF 7 days 15 days 21 days 30 days
units has to be forwarded to the BO with in
129 MF units held in electronic form are converted into physicalat the Restaementisation Rematerialisation Dematerialisation Decentralisation
request of the Beneficial Owners is called as
130 Which one of the following options are not allowed in Modernisation Rematerilisation Modification Notification
Restatementisation
131 Who can make arequest for dematerialisation of security DP Depository Registered holder of the Company
security
132 The Transferee will give ---------------------- to DP for receiving and Delivery Instruction Standing Instruction Collection Instruction Payment Instruction
crediting the securities in his Demat account
133 a transaction done on a person-to-person basis, without going On-line Trading Off-Market Operation Transfer Instruction Stock exchange operation
through the stock exchange is called as
134 A beneficiary account can be debited only if the beneficial owner has Delivery Instruction Slip Standing Instruction Collecting Instruction Payment Instruction
given
135 If the debit has to be effected on a particular date in future, account Execution Date Buying Date Selling Date Trading Date
holder may mention such date in the space
136 Any trade that is cleared and settled without the participation of a On-Line Trade Traded in Stock Exchange Off-Market Trade Broker Trading
clearing member or clearing corporation is called
137 When adequate balances are not received till the end of the execution NSDL CDSL Both Wait for execution
date the instruction will fail in
138 Exchange of money for the off-market transactions are handled by Otside the Depository Inside the Depository System Clearing House Clearing Corporation
System
139 In case of CDSL, the seller BO can deliver the securities directly to theStock Exchange Clearing Corporation of the Buyers BO account Broker DP account
Stock Exchange
140 Transfer of securities towards settlement of transactions done on a Market Transaction Broker Transaction Member Transaction DP Transaction
stock exchange is called settlement of
141 Demat Account opened by the brokers of stock exchange with the Broker/CM Pool Account Claim Account Beneficial Account Trading Account
Depository for trading is popularly called as
142 Trading periods of each of the market segments is identified by a ID Number DIS number Settlement Number Broker Number

143 Settlement numbers are allocated by the Stock Echange for one year Financial Year Settlement periods in a year Calender Year Assesment Year
according to the
144 All the settlement periods in a year is collectively called as Financial Calender Settlement Calender Annual Calender Monthly Calender
145 Clients has been instructed by DPs to submit the settlement 4.00 p.m 6.00 p.m 3.00 p.m 8.00 p.m
instructions with in T +1 and for the Physical form of securities up to
------------- for pay-in securities
146 The process of a broker/trading member submitting securities sold Pay-Out Delivery- Out Pay-In Delivery-in
by him on behalf of his client, to CC/CH of a stock exchange is called

147 Movement of securities form one settlement to another settlement Intra-Settlement transfers Twin settlements Inte-Settlement Transfers Nne of the above
by the Clearing Members is called
148 Clearing Member can track the securities which it has received for IDeAS easi easiest worst
pay-in through the Internet facility provided by NSDL is
149 In NSDL, delivery-out instructions for moving securities from CM Automatic Delivery Out Instant Delivery Auto Pay in Normal Delivery Out
Pool Account to CM Delivery Account is generated automatically.
This is known as
150 The options of Early Pay in, normal Payin and Auto Pay in is available NSDL CDSL Both None of the above
in
151 Normal Pay in facility is available only in NSE BSE Both None of the above
152 For trades done on exchanges, other than BSE, the auto pay-in is the TRUE FALSE
default option, where Auot Pay-in instructions are generated by CC/
CH
153 Transfer of securities from an account in one depository to an Inter DP transfer Inter Stock Exchange Transfer Inter Depository Transfer Share Transfer
account in another depository is
154 In the case ofInter Depository Transfer the CM /BO has to execute Delivery Instruction Slip Receipt Instruction Inter Depsoitory Delivery Transfer Instruction
Instruction
155 In the case of Inter Depository Transfer, if Standing Instruction is not Receipt Instruction Inter Depsoitory Receipt Delivery Instruction Slip Transfer Instruction
given by the CM/BO for the credit of securities the CM /BO has to Instruction
excute
156 The same DIS book given by the DPs can be used by the BOs for TRUE FALSE
securities as well as Mutual Fund Units
157 BO can also redeem or offer for repurchase the MF units that are FALSE TRUE
available in electronic form in his demat account directly through the
DP without going through the stock exchange mechanism.

158 If bank details are not enteredin the CDSL system, then the Executed Redirected Rejected Acknowledged
repurchase / redemption request will be
159 Transfer due to a transaction done on a person to person basis is Stock Market Operation Online Trading Stock Trading Off-Market Operation
called
160 “If adequate balances do not exist in the account, then delivery FALSE TRUE
instruction will wait for adequate balances till the end of the
execution day
161 For getting direct credits in to Demat Account from the CC/CH the Address Proof of Client Pay-out break up Names and PAN PAN and DP ID
Broker has to submit the Clients
162 Instructions to the Participants for securities lying within a same CM Clearing House Depository Clearing Member Stock Exchange
account but in different settlement pocket for inter-Settlement has
to be given by
163 The securities eligible for pledge or hypothecation are Locked in balance SecuritiesFree Balance Securities only Both Not eligible for pledge /
only hypothecation
164 For the purpose of pledging the securities both the pledger and Same DP Different Depositories Same Depositories Different DP
pledgee must havee the Demat Accounts with
165 The unilateral right to appropriate the securities will be exercised by Borrower Lender Depository DP

166 If the Creditor requires concurrence of the Debtor to appropriate the Pledge Hypothecation Lien Assignment
secrity the charge created is known as
167 The creation or closure of the pledge or hypothecation is initiated by Creditor Debtor Depository DP

168 The Term Hypothecation is used only in CDSL NSDL Both None of the above
169 Bank has given Loan against the security of Shares. The Pledgor of Bank Borrower Depository DP
the security will be
170 Each and every pledge transaction has to e identified by the Pledge Swquence Number Loan Sequence Number Pledge Identification Number ISIN

171 At the time of invoking the pledge the Invocation Request Form (IRF) Borrwer Bank Depository DP
will be submitted to the DP by
172 In the process of invocation the Pledged Securities are moved from TRUE FALSE
the Demat Account of Borrwer to the Demat Account of the Lender
under the category of Free Balance
173 locked-in securities cannot be invoked before the Lock-in release date TRUE FALSE

174 When the securities under pledge or hypothecation all corporate Pledgee Pledgor Depository DP
benefits will be accruing to
175 The pledge transaction will be treated as completed only after The Depository gives the confirmation advice is SEBI,s Approval RBI,s Approval
Acknowledgement entered in the DP system
176 One of the following is the Cash corporate action Rights Issue Share Split Dividend Payment Bonus Issue
177 To identify the eligible BO for corporate Benefits on a particular Issue Date Record Date/ Book Closure Allotment Date Listing Date
date the Cut-off date is announced it is called as Date
178 Interest or Dividend payments to Bos are done through one of the Cash payments ECS Postal Orders Money Order
follwing mode
179 At the time of corporate actions like Merger,Amolgamation .capital Old ISIN number of the New ISIN number for the new No ISIN numbers None of the above
Reduction etc, the proportionate new shares issued will be allotted Security securities
with
180 If pledge exists on securities on the cut off date for issuing Bonus Pledgee Pledgor Clearimg Member Broker No Bonus issues will be made
Sharesn the Bonus Shares issued to the BO will be credited to the Account to the BO
Demat Account of
181 If the BO has pledged the securities, the Bonus Shares allotted to the Pledgor Pledgee Depository DP
BO will be credited to the Bos Demat Account with pledge marked in
favour of the
182 In respect of government securities, the interest to eligible clients Depositary Particpant Ministry of Finance Depository RTA or STA
will be distributed by the
183 Non- Cash Corporate Action Means Dividend Payment Interest Payment. All benefits other than Monetary All the Three above

184 Record Date for a Corporate Action is announced by Depository RBI SEBI Issuer Company
185 SEBI guidelines says all publi issues of shares has to be in the 20 Crore 10 Crore 15 Crore No such stipiulation
Dematerialised form only if the Issue is more than
186 Allotment in public issues in respect of Equity is mandatory in Physical Form Dematerialised Form No Form As preferred by the Issuer
187 If any offer placed before the Stock Exchange to for acqusition of Take over Proposal Buy Back Proposal Delisting Option Tender Offer
shares through Stock Exchange Mechanism for Take Overs, Buy Bank
or delisting the offer is called as
188 Issuer shall be required to enter into agreement with all the SEBI Depositories Depository Participants Investors
_______________ before coming out with a public offer
189 The securities offered in the public offer can only be traded in the TRUE FALSE
stock exchange in demat Form
190 Guidelines for public issues of a company shares has given by Ministry of Finance Department of Company SEBI RBI
Affairs
191 The channel for raising funds from investors through issue or sale of Stock Exchanges Secondary Market SEBI Primary Market
new securities is
192 A written agreement to repay a loan, usually with interest, within a Ownereship Securities Stocks Debt Securities Prime Securities
given time frame is named as
193 Which one of the following is not a Debt security Commercial Paper Bonds Debentures Preference Shares
194 Treasuery Bills are issued by State/ Central Government Public Sector Undertakings Reputed NBFC,s Scheduled Commercial banks

195 G-Sec is nothing but Good Security Governed Securities Government Securities None of the above
196 Debt securities, can be dematerialised even if it is issued to asingle TRUE FALSE
holder
197 In Debt Securities which one of the following indicates nthe " Security name Coupon / Interest Rate Redemption date All the Three above
instrument descriptor"
198 Unlike equities Debt Securities are having a limitted period of life FALSE TRUE

199 Issuer of Debentures will not issue debenture certificates before TRUE FALSE
creation of charges on the Assets.
200 In the case of allotment of Debenture, Before issuing Debenture Letter of Credit Letter of Understanding Letter of Memorandum Letter of Allotment
Certifcates to the Investor the Issuer will issue
201 Repayment of money along with interest to the investor on the date Execution Refund Redemption date Multiplication
of its maturity by the issuer is termed as
202 At the date of redemption of the debt security, the ISIN associated Activated De-Activated Allotted Monitored
with the instrument will be ------------------------------ by the depository
system
203 Monetary Corporate Action for Debt Security is the Dividend Payments Commission Payments Charges Payment Interest Payment
204 Option exercised by the issuer of Debt Securties to redeem the Futre Derivative Call Option Put Option
securities well before the redemption date is a
205 If investor has an option of demanding repayment on the debt Hedging Speculation Put Option Call Option
instrument at a time earlier than the Maturity date is
206 It is mandatory to open a separate demat account by the investor fo FALSE TRUE
Debt Securities
207 Depository Participant will issue only a single transaction statement TRUE FALSE
reflecting the holdings and transactions of both euities and
Debentures
208 The minimum size to be subscribed or transacted in Certificate of 5 lacs 3 lacs 2 lacs 1 lac
Deposit is Ruppes
209 Settlement of funds of the transactions take palce in NSE will be BY NSE BY Clesring Member By outdifre the depository By Depository Participants
done system
210 Transfer of Certificate of Deposits to the Issuer Redemption Account 1 day before the 2 days before the redemption 5 days before the redemption on the redemption date
has to be done at least redemption
211 An Inveestor has to subscribe minimum amount of rupees------------ for 2 lacs 3 lacs 1 lac 5 lacs
the Commercial Paper
212 If an investor invest Rs.2 crore in Commercial papaers the number of 100 200 40 50
units credited to his Demat account will be
213 Dated Securities of the Government will be having the maturity date Less than one year One Year More than one year None of the above
of
214 Maturity period for Treasurey Bills is More than one Year One Year Less tha One Year None of the above
215 All the activities of Government Securities will be done by SEBI RBI MOF None of the above
216 Which department of RBI is handling the Government Securities Public Relation Office (PRO)Public Provident Fund Public Grievences Office (PGO) Public Debt Office (PDO)
activities Office(PPF)
217 Clients who are not eligible to open the G-Sec account directly with SGL-1 Account SGL-2 Account SGL-3 Account None of the above
RBI can have their hodings through
218 Request from the clients for partial demterialistion of Government Permitted Not Permitted Permitted once Permitted twice
securities are
219 For demating G-Sec the client has to submit to the DP the DRF-ordinary DRF-MF DRF-GS DRF-Debenture
220 Who resolves the mismatch during rematerialisation of government Depository RBI SEBI Depositary participant
securities
221 An investor in government securities holding electronic balances in FALSE TRUE
the depositories SGL-1 account can convert them into physical
certificates by the process of rematerialisation
222 RBI does not register government securities during Closure period Closed Period Lock Period Shut Period
223 Forign Portfolio Investors has to obtain a certificate of registration Depositories SEBI RBI Designated Depository
issued by the------------------- to buy,sell or deal in securities in India Particpants (DDPs)

224 One of the following is not related to the Category II Foreign Insurance Companies Government Agencies Mutual Funds Investment Trusts
Portfolio Investor
225 One of the following is not related to the Category III Foreign Charitable Trusts Charitable Socities Corporate Bodies Mutual Funds
Portfolio Investor
226 The DDp engaged by the FPI will be the DDP and Custodian of TRUE FALSE
Securities for the FPI at all times
227 FPIs need to provide the copy of PAN card with in ------ days of 21 days 60 days 31 days Not applicable for FPI
Account opening
228 A resident Indian can also be a Foreign Portfolio Investor. State True TRUE FALSE
or False?
229 Which of the following is not considered a Foreign Portfolio Investor Foreign Institutional Resident Individul Investors Sub-Accounts Qualified Financial Institutions
Investors
230 BSDA stands for Basic Standard Demat Basic Statistical Demat AccountBasic Services Deat Account Basic Social Demat Account
Accounts
231 Value of securities held in BSDA should not exceed Rupees 5 lacs 3 lacs 50000 2 lacs
232 For computing the total holdings in BSDA account the DP will take Market Value at the end of Market value at the end of Face Value None of the above
the ----------- value of the unlisted securities in the demat account every day previous day

233 The value of holding of the BSDA Account shall be determined by the 52 weeks low price 52 weeks highest price Daily closing price Monthly average closing value
DPs on the basis of
234 The value of holding of the Mutual Fund in the BSDA Account shall be Offer Price of MF Repurchase Price of MF NAV of MF None of the above
determined by the DPs on the basis of
235 Transaction Statement for BSDA account has to be sent to the BO at Every Month Every Quarter Once in 6 months Every Year

236 In case of No transaction in the BSDA account for 3 months the Once in a Quarter No statement will be sent in Once in a year Once in a year in physical form
Transaction Statement will be sent to BO that quarter
237 If the BSDA account is having no transactions and also ZERO balance For the quarter when the For the month when the balance For the half year when the None of the above
the transaction statement to be sent will be balance became ZERO became ZERO balance became ZERO
238 Tharges charged by the DP for sending Electronic Statement will be 50 100 No Charges 150
rupees
239 In the case of sending physical satements to the BO of BSDA account 2 4 6 1
minimum ----- statemnts has to be sent at Free of cast.
240 Number of Delivery Instruction Slips to be provided to BO of BSDA 2 4 6 10
account at the time of opening will be
241 For opening BSDA account the beneficiary individual shall have ----------- 3 2 1 4
- account across all depositireies
242 All BOs opting for the facility of BSDA, shall register their mobile FALSE TRUE
number for availing the SMS alert facility for debit transactions

243 1. The responsibility of regulating securities market is shared by TRUE FALSE

SEBI, RBI, Department of Economic Affairs (DEA) and Ministry of
Corporate Affairs (MCA) The statement is:
244 The pledgee of securities is known as Lender / Creditor Depositor Guarantor Borrower
245 Who decides the amount of CP to be issued? Bankers RBI SEBI Issuer/ Corporates
246 Dematerialization is a process of converting securities from physical Consolidated Form Electronic Form Application Form Liquid Form
from to
247 In a Depository, no single participant (other than the promoters) can 0.1 0.24 0.05 0.01
hold more than…….. of the equity holdings.
248 When there is split of pledged shares, the new shares will be ………the Debitted Creditted Neither Creditted nor Debitted Either Creditted or Debittted
account of the pledger:
249 For invocation of pledge, the approval of pledger is NOT necessary. TRUE FALSE
The statement is:
250 A stock broker – DP with net worth of Rs. 3 crores in demat 500 crore 200 crore 300 Crore 100 Crore
accounts with him can hold a maximum value of Rs …….. crores: