1.A stock broker, whose application for grant of a certificate has been refuses by the board-
A. shall not, on& from the date of the receipt of the communication buy ,sell, or deal in securities as a stock broker
B. can start his normal trading as a stock broker after 2 months
C. only A
D. Both A & B
2.When a stock broker fails to pay the fees as provided in regulation, the board may suspend the ____________.
A. Driving license
B. Ration card
C. Registration certificate
D. Pan card
3.The eligible criteria for registration as a sub broker (an individual) shall be as follows:
A. The applicant is not less than 21 years of age & has not been convicted of any offence involving fraud or default
B.He has at least passed 12th standard
C. He is a fit & proper person
D. All of the above
4.Which is the following can apply to SEBI for registration?
A. Stock-broker
B. Sub-broker
C. Both a & b
D. None of the above
5.An applicant who desires to act as a clearing member, in addition to complying with the requirements of the regulation, shall have a minimum net worth of Rs _____lacs & shall deposit at least a sum of Rs _________ lacs of higher amount with the clearing house of the derivative exchange or derivative segment in the form specified from time to time
A. 200, 150
B. 100, 50
C. 150, 300
D. 400, 500
6.________ handles the complaints received by the investors against the trading members.
A. Investor Grievance cell
B. Investor Appeal court
C. Investor Dispute Court
D. Consumer Law Court
7.Which type of arbitrator is appointed if the claim amount is up to Rs. 25 lakhs?
A. A panel of Arbitrator
B. A sole Arbitrator
C. Depends on the client
D. None of the above
8-How much would we pay for Rs. 121.67, to be received five years in future, if our opportunity cost were 4% ?
A. 100
B. 121.67
C. 112
D. 105
9.What is the present value of Rs. 6000 receivable after two years at a discount rate of 5% under continuous discounting?
A. Rs. 5429.02
B. Rs. 6000
C. Rs. 6900
D. Rs. 5900
10.The Future value of Rs. 10000 investment done today, which gives an annual rate of return of 20% per annum, after one year should be________.
A. Rs. 12200
B. Rs. 12500
C. Rs. 12000
D. Rs. 12640
