nismmocktest.in

Question 1 reset

Arbitration for claims up to Rs. ___ lakh is decided by a sole arbitrator

Rs. 10 lakh

Rs. 15 lakh

Rs. 20 lakh

Rs. 25 lakh

Question 2 reset

________ is a process by which a company offers shares for sale to public for the first time.

FPO

IPO

QIP

Question 3 reset

ASBA is the acronym for

Application Supported by Blocked Amount

Applying Sponsoring Brokers Amounts

Application Supports for Brokers Amount

Question 4 reset

The facility for modification of mutual fund order does not include

Scheme name

Depository settlement

Symbol and series

All of the above

Question 5 reset

Arbitration aims at quicker legal resolution for the disputes.

True

False

Question 6 reset

Arbitration for claims up to Rs. 25 lakh is decided by a sole arbitrator.

True

False

Question 7 reset

Corporate action adjustments are done on all Open positions.

True

False

Question 8 reset

Clearing members need to take membership with the Clearing Agencies.

True

False

Question 9 reset

The process of original trade being cancelled and the clearing agency taking over as counterparty to all trades is called Novation.

True

False

Question 10 reset

A pool account is used to receive shares from selling clients and to send shares to buying clients.

True

False

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