Depository Participants MCQ : Multiple Choice questions and Answers

 

Financial Market MCQ

Depository Participants MCQ

Depository Participants MCQ


Multiple Choice questions and Answers


1. A depository is:

a) An electronic transfer through dematerialization

b) A fixed deposit in a bank

c) A transfer of physical securities

d) Surveillance on price manipulation


2. Depositories Act was enacted in the year:

a) 1993

b) 1994

c) 1995

d) 1996


3. First depository in india is called:

a) Central depository services India Ltd. (CDSL)

b) National securities depository Ltd. (NSDL)

c) Stock Holding Corporation of India Ltd. (SHCIL)

d) State of India depository services Ltd.


4. Second depository in india is called:

a) Central depository services India Ltd. (CDSL)

b) National securities depository Ltd. (NSDL)

c) Stock Holding Corporation of India Ltd. (SHCIL)

d) State of India depository services Ltd.


5. NSDL is established in the year:

a) 8 Aug’ 1993

b) 8 Aug’1994

c) 8 Aug’1995

d) 8 Aug’1996


6. CDSL is established in the year:

a) Feb’ 1996

b) Feb’ 1997

c) Feb’ 1998

d) Feb’ 1999


7. NDSL stands for:

a) National Depository Services Ltd.

b) National Derivatives Services Ltd.

c) National Deposit System Ltd

d) National Derivatives ServicesLtd


8. CDSL stands for:

a) Central Depository Services Ltd.

b) Central Derivatives Services Ltd.

c) Central Deposit System Ltd

d) Central Derivatives ServicesLtd


9. Rolling settlement was introduced in which year:

a) Dec, 31 2001

b) Dec, 31 2002

c) Dec, 31 2003

d) Dec, 31 2008


10. Present Rolling settlement period in stock Market is:

a) T+ 5

b) T+ 3

c) T+2

d) T+ 20


11. The present rolling settlements cycle T+2 is introduced in:

a) 1st April, 2001

b) 1st April, 2002

c) 1st April, 2003

d) 1st April, 2004


12. Depository is the link between the listed companies and the:

a) Stock Exchange

b) Shareholders (Owners)

c) Government

d) Depository participants


13. Depository participants are the link between the depositories and the:

a) Stock Exchange

b) Shareholders (Owners)

c) Government

d) Depository participants


14. Depository participants are also called:

a) Brokers

b) Jobbers

c) Traders

d) Speculators


15. A depository is an institution which transfers the ownership of securities in:

a) Electronic mode

b) Artificial mode

c) Paper mode

d) None of these


16. Which one of the following statements is true?

a) Depository system reduces time for transfer for transfer of securities.

b) Depository system leads to online system.

c) A depository transfers the ownership of securities in electronic mode.

d) All of the above