A fixed number of shares are transacted in an open-ended Mutual Fund.
True
False
Correct Answer :
B. False
Related Questions
Earliest Closing Date of share issue must be at least _______ days after the date of opening of issue.
3
5
10
30
During Book Closure period, no transaction is recorded in which of the following?
Books of Accounts
Register of Members
Register of Shares
Register of Share Issue
An extra price paid to the broker while making transaction in Stock Exchange is called ______________.
Brokerage
Commission
Broker Fees
Securities Transaction Charges
The term "I.P.O." stands for
Investment Public Organization
Indian Post Office
Initial Portfolio Orientation
Initial Public Offering
The authority which regulates the stock market is
NSDL
RBI
SEBI
CDSL
NSE stands for
National Security Exchange
National Stock Exchange
Notional Secure Exchange
Notification of Security Expenses
Call money is payable on
Fully paid-up shares
Partly paid-up shares
Both (a) and (b)
None of the above
If the number of shares allotted to an Applicant is less than that applied for, the excess application money will be _________.
Refunded
Adjusted with the call money
Either of the above
None of the above
POSS stands for
Pay Order Savings System
Pay Order Savings Scheme
Post Office Savings Scheme
Post Office Savings System
If a company returns the share transfer documents, to a buyer of its shares, without registration, for being defective, then such return is termed as _________.
Defective Share
Dematerialize Share
Bad Delivery
All of the above
Investment refers to what one does with his/her ____________.
Savings
Expenses
Needs
None of the above
Electronic system of securities trading is possible through a Depository.
True
False
Shares which have been transacted upon once are traded only in the Stock Exchange.
True
False
When a company raises funds by the sale of additional equity shares to the existing equity shareholders, on the basis of their shareholding, it is called
Issue of Rights Share
Issue of Bonus Share
Re- issue of Forfeited Share
Issue of Additional Shares
In Monthly Pension Bonds a fixed income is received after a predefined period.
True
False
PPF stands for
Preference Present Fund
Predefine Provision Fund
Public Provident Fund
Post Provision Facility
A dematerialized security requires a certificate.
True
False
Earliest Closing Date must be after the
Issue Opening Date
Book Closing Date
Issue Closing Date
Record Date
Convertible debentures can be converted into ________________.
Shares
Bonds
Debentures
None of the above
A debenture may be described as a
Share
Asset
Creditorship security
None of the above
I.P.O.s are traded in Secondary Market.
True
False
A fixed number of units are transacted in an
Open Mutual Fund
Ended Mutual Fund
Open-ended Mutual Fund
None of the above
NSDL stands for
Nominal Securities Depository Limited
National Securities Depository Limited
National Savings Depository Limited
Nominal Savings Depository Limited
Shares can be traded in the secondary market without the involvement of brokers.
True
False
A private company must have minimum paid up capital of Rs. _____________.
Rs.1 lakh
Rs.5 lakhs
Rs.50 lakhs
None of the above
There are _________ recognized Stock Exchanges in India.
20
23
24
25
A Finance Company in which a Demat account can be opened is known as ________.
Demat Company
Depository Consultant
Depository Accountant
None of the above
A preference share can be converted into debenture.
True
False
Debenture holders can vote only in meetings where the rate of interest on debentures is discussed.
True
False
The block of assets in which a person invests is called ___________.
Block-Asset
Portfolio
Basket
Mutual Fund