PART A (1 x 4 = 4)

1. Who regulates capital market in india?

a. RBI b. SEBI c. NSE

2. What is India VIX?

a. To measure market movement

b. b. To measure market volatility

c. c. To measure index value

3. What is the maximum brokerage chargeable by Trading Member?

a. 0.25% b. 2.5 % c. 0.025%

4. What is roll of MRC in new membership in NSE and how many members consists in MRC?

a. Forward the new Trading member application to approval & consist of seven members

b. Approve the new Trading member application & consist of seven members

c. None of the above.

PART B (2 x 3 = 6)

1 . What is market capitalization?

2. Who are the market participants in India?

3. Explain about UCC?

PART C (5 x 2 = 10)

1. Brief about Dematerialization & Clearing corporation (OR) Brief about Investor Protection &
ASBA?

2. Brief about Authorized person (OR) What is contract note?

PART D (10 x 3 = 30)

1. Explain products and participants in financial market

2. Explain about market segments and their products.

3. Explain admission procedure for new membership at NSE.

 CHAPTER 3

PART A (1 x 4 = 4)

1.What is SBTS ?

a. System based trading system b. Screen based trading system c. Stock based trading system

2. Who is last position in Trading member hierarchy ?

a. Branch Manager b. Dealer c. Corporate manager

3. Which one is PASSIVE order?

a. Fully traded order b. Stop loss order c. Pending order

4. ‘XD’ refers ?

a. Ex-Date b.Ex-Dividend c.Ex-days

PART B (2 x 3 = 6)

1.What is Snap quotes?

2. Explain about Index enquiry.

3. What is disclosure quantity?

4. What is WAP?

PART C (5 x 2 = 10)

1. Brief the features of User id and password.

2. Explain Trade management

3. What is ‘Time condition’ & ‘Price condition’ in order type?

 4. Explain Order Matching priority with example.

5. Explain about Auction market participant’s details.

6. Brief about ODD LOT or Limited physical market.

PART D (10 x 3 = 30)

1. Brief about ‘user order value limit’

2. Explain circuit breakers in both derivative & cash segments

CHAPTER 4

PART A (1 x 4 = 4)

1. NSCCL stands for

a. National stock company clearing ltd

b. National securities clearing corporation ltd

c. National standard clearing corporation ltd

2. What is current settlement cycle in Indian stock market?

a. T + 2 b. T + 1 c. T + 5

3. Major depositories in India.

a. NSDL b. CDSL c. Both

PART B (2 x 3 = 6)

1. What are the types of margin?

2. Explain about clearing corporation (NSCCL).

 3. Explain about clearing members.

PART C (5 x 2 = 10)

1. Brief ‘Functions of clearing banks’

2. What is system risk?

3. Explain margin shortfall and penalty for margin shortfall.

4. Brief ‘ Online exposure margin’.

PART D (10 x 3 = 30)

1. Explain about settlement process.

2. What the problems pertaining to securities settlement?

3. What is International securities identification number (ISIN)?

CHAPTER 5 & 6

PART A (1 x 4 = 4)

1. Dematerializing the securities in the depository mode under the act of ?

a. Indian contract act (1872)

b. Income tax act (1961)

c. The depositories act (1996)

2. We hold the Securities or stocks in.

a. Trading Account b. Demat Account c. Both

3. ‘Issuer’ Means…

a. Any person making an issue of securities

b. A company making an issue of securities

 c. All.

4. In terms of Insider trading, who are insider of the company.

a. Is a member of the board of directors

b. Is a banker of the company

c. Relative or connected persons

d. All

PART B (2 x 3 = 6)

1. Who are the regulators to regulate market participants?

2. What is rights of depositories and beneficial owners?

3. What are the 2 types of capital gains?

4. Explain Time value of money.

PART C (5 x 2 = 10)

1. How to understand financial statement

2. Explain ‘capital assets’ under Income tax act 1961.

3. Explain ‘ Rights of depositories and beneficial owners’ & brief about ‘Pledge’

PART D (10 x 3 = 30)

1. Brief ‘ Tax on long term capital gains’

2. As per the ratio analysis brief about ‘return of shareholders’

3. Explain dividend income as per income tax act 1961.