Financial Markets Test

Result

Financial Markets Test - 1

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Weekly Quiz Competition

Question 1
1 / -0

Primary and secondary markets:

A
Control each other

B
Compete with each other

C
Function independently

D
Complement each other

Solution

Explanation:

Primary and secondary markets complement each other. Primary market deals with the issue of new securities. On the other hand, secondary market deals in the purchase and sale of the existing securities. That is, once the securities are issued in primary market, they are then traded in the secondary market.
Question 2
1 / -0

The total number of Stock Exchanges in India is:

A
22

B
20

C
21

D
23

Solution

Explanation:

Total number of stock exchanges in India: 22. They are in: Ahmedabad, Bangalore, Calcutta, Chennai, Delhi etc. There is also a National Stock Exchange (NSE) which is located in Mumbai. More than 6,000 stocks listed.
Question 3
1 / -0

The settlement cycle in NSE is:

A
T + 3

B
T + 2

C
T + 1

D
T + 5

Solution

Explanation:

A Settlement Cycle refers to a calendar according to which all purchase and sale transactions done on T Day are settled on a T+2 basis i.e. on the 2nd working day, At NSE.
Question 4
1 / -0

The National Stock Exchange of India was recognized as stock exchange in the year:

A
1992

B
1994

C
1995

D
1993

Solution

Explanation:

The National Stock Exchange of India was promoted by leading Financial institutions at the behest of the Government of India, and was incorporated in November 1992 as a tax-paying company. In April 1993, it was recognized as a stock exchange under the Securities Contracts (Regulation) Act, 1956.
Question 5
1 / -0

NSE commenced futures trading in the year:

A
2002

B
2000

C
2001

D
1999

Solution

Explanation:

The National Stock Exchange of India Limited (NSE) commenced trading in derivatives with the launch of index futures on June 12, 2000. The futures contracts are based on the popular benchmark Nifty 50 Index.
Question 6
1 / -0

Clearing and settlement operations of NSE are carried out by:

A
NSDL

B
SBI

C
NSCCL

D
CDSL

Solution

Explanation:

The clearing and settlement operations of NSE are carried out by NSCCL. NSCCL (National Securities Clearing Corporation Ltd.) was incorporated in August, 1995 and it commenced its clearing operations for NSE in April, 1996.
Question 7
1 / -0

OTCEI was started on the lines of:

A
NASDAQ

B
NSE

C
NYSE

D
NASAQ

Solution

Explanation:

OTCEI (Over the Counter Exchange of India) was incorporated in the year 1990 on the lines of NASDAQ which is the OTC in USA. OTCEI is a fully computerized and transparent stock exchange.
Question 8
1 / -0

To be listed on OTCEI, the minimum capital requirement for a company is:

A
Rs. 5 crores

B
Rs. 3 crores

C
Rs. 25 crore

D
Rs. 10 crores

Solution

Explanation:

The minimum capital requirement for a company to be listed on the OTCEI is Rs 3 crores and the maximum is Rs 50 crores.
Question 9
1 / -0

A Treasury Bill is basically:

A
An instrument to borrow short-term funds

B
An instrument of capital market

C
An instrument to borrow long-term funds

D
None of the above

Solution

Explanation:

A Treasury bill (T-Bill) is a short-term debt obligation backed by the Treasury Dept.
Question 10
1 / -0

Instruments with a maturity period of less than one year are traded in ____.

A
Money market

B
NSEI

C
Stock Exchange

D
Capital Market

Solution

Explanation:

As money became a commodity, the money market became a component of the financial markets for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less.

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Financial Markets Test - 1

Result

Financial Markets Test - 1

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SHARING IS CARING

Question 1

Control each other

Compete with each other

Function independently

Complement each other

Solution

Question 2

22

20

21

23

Solution

Question 3

T + 3

T + 2

T + 1

T + 5

Solution

Question 4

1992

1994

1995

1993

Solution

Question 5

2002

2000

2001

1999

Solution

Question 6

NSDL

SBI

NSCCL

CDSL

Solution

Question 7

NASDAQ

NSE

NYSE

NASAQ

Solution

Question 8

Rs. 5 crores

Rs. 3 crores

Rs. 25 crore

Rs. 10 crores

Solution

Question 9

An instrument to borrow short-term funds

An instrument of capital market

An instrument to borrow long-term funds

None of the above

Solution

Question 10

Money market

NSEI

Stock Exchange

Capital Market

Solution

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