An extra price paid to the broker while making transaction in Stock Exchange is called ______________.
Brokerage
Commission
Broker Fees
Securities Transaction Charges
Correct Answer :
A. Brokerage
Related Questions
A Finance Company in which a Demat account can be opened is known as ________.
Demat Company
Depository Consultant
Depository Accountant
None of the above
Ajay has invested his savings in bonds where the total investment amount has to be paid in instalments. The type of bond is
Easy Investment Bond
Easy Instalment Bond
EMI Bond
Easy Index Bond
PPF stands for
Preference Present Fund
Predefine Provision Fund
Public Provident Fund
Post Provision Facility
Electronic system of securities trading is possible through a Depository.
True
False
Convertible debentures can be converted into ________________.
Shares
Bonds
Debentures
None of the above
Investment refers to what one does with his/her ____________.
Savings
Expenses
Needs
None of the above
NSE stands for
National Security Exchange
National Stock Exchange
Notional Secure Exchange
Notification of Security Expenses
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
The shareholders can extend their shareholdings by issue of _________ from the company.
Bonus Share
Right Share
Either of the above
None of the above
Debenture holders can vote only in meetings where the rate of interest on debentures is discussed.
True
False
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
The refund amount can be returned at the time of application of shares.
True
False
The shareholder can also be defined as the
Owner of the company
Member of the company
Both (a) and (b)
None of the above
A document which contains the important details about the issue of shares is known as
Share Offer Document
IPO Offer Document
Prospectus
Prospectus Letter
Call money is payable on
Fully paid-up shares
Partly paid-up shares
Both (a) and (b)
None of the above
Shares which have been transacted upon once are traded only in the Stock Exchange.
True
False
NSE stands for
National Security Exchange
National Stock Exchange
Notional Security Exchange
Notification of Security Expenses
A trading lot is fixed at _______ shares when the face value of each share is Rs.10.
100
10
50
20
A preference share can be converted into debenture.
True
False
Earliest Closing Date of share issue must be at least _______ days after the date of opening of issue.
3
5
10
30
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
An extra price paid to the broker while making transaction in Stock Exchange is called ______________.
Brokerage
Commission
Broker Fees
Securities Transaction Charges
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
A public company must have minimum paid up capital of Rs. ____________.
Rs.1 lakh
Rs.5 lakhs
Rs.50 lakhs
Rs.1 Crore
In Monthly Pension Bonds a fixed income is received after a predefined period.
True
False
A trading lot is fixed at _______ shares when the face value of the share is Rs.10.
100
10
50
20
I.P.O.s are traded in
Primary Market
Secondary Market
Both of the above
None of the above
A debenture may be described as a
Share
Asset
Creditorship security
None of the above
A collection of assets in which an investor invests is known as a ______.
Block of Assets
Portfolio
Securities
All of the above