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Current Affairs January 2024

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If a person purchases 13 shares from the secondary market, it is termed as ____________ purchase.

A. Mini

B. Odd lot

C. Unit

D. None of the above

Correct Answer :

B. Odd lot


Related Questions

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Shares can be traded in the secondary market without the involvement of brokers.

A. True

B. False

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Investment refers to what one does with his/her ____________.

A. Savings

B. Expenses

C. Needs

D. None of the above

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Earliest Closing Date of share issue must be at least _______ days after the date of opening of issue.

A. 3

B. 5

C. 10

D. 30

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POSS stands for

A. Pay Order Savings System

B. Pay Order Savings Scheme

C. Post Office Savings Scheme

D. Post Office Savings System

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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

A. Issue of Rights Share

B. Issue of Bonus Share

C. Re- issue of Forfeited Share

D. Issue of Additional Shares

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A private company must have minimum paid up capital of Rs. _____________.

A. Rs.1 lakh

B. Rs.5 lakhs

C. Rs.50 lakhs

D. None of the above

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A public company must have minimum paid up capital of Rs. ____________.

A. Rs.1 lakh

B. Rs.5 lakhs

C. Rs.50 lakhs

D. Rs.1 Crore

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The shareholder can also be defined as the

A. Owner of the company

B. Member of the company

C. Both (a) and (b)

D. None of the above

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If a person purchases 13 shares from the secondary market, it is termed as ____________ purchase.

A. Mini

B. Odd lot

C. Unit

D. None of the above

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4

______ are allotted free of cost to the existing shareholders.

A. Equity Shares

B. Preference Shares

C. Bonus Shares

D. Right Shares

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Debenture holders can vote only in meetings where the rate of interest on debentures is discussed.

A. True

B. False

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A trading lot is fixed at _______ shares when the face value of each share is Rs.10.

A. 100

B. 10

C. 50

D. 20

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N.A.V. stands for

A. Net Asset Value

B. Net Asset Valuation

C. New Assets Verification

D. Net Actual Valuation

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If the number of shares allotted to an Applicant is less than that applied for, the excess application money will be _________.

A. Refunded

B. Adjusted with the call money

C. Either of the above

D. None of the above

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The full form of "D.P." is

A. Dematerialization Prospective

B. Deposit Principal

C. Depository Participant

D. None of the above

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A collection of assets in which an investor invests is known as a ______.

A. Block of Assets

B. Portfolio

C. Securities

D. All of the above

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Shares which have been transacted upon once are traded only in the Stock Exchange.

A. True

B. False

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__________ has the authority to regulate the stock market.

A. SEBI

B. RBI

C. NSDL

D. DP

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The refund amount can be returned at the time of application of shares.

A. True

B. False

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A fixed number of shares are transacted in an open-ended Mutual Fund.

A. True

B. False

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Convertible debentures can be converted into ________________.

A. Shares

B. Bonds

C. Debentures

D. None of the above

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PPF stands for

A. Preference Present Fund

B. Predefine Provision Fund

C. Public Provident Fund

D. Post Provision Facility

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The term "I.P.O." stands for

A. Investment Public Organization

B. Indian Post Office

C. Initial Portfolio Orientation

D. Initial Public Offering

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The stock markets remain closed on

A. Only Sunday

B. Only Saturday

C. Sunday or Saturday

D. None of them

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Call money is payable on

A. Fully paid-up shares

B. Partly paid-up shares

C. Both (a) and (b)

D. None of the above

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A debenture may be described as a

A. Share

B. Asset

C. Creditorship security

D. None of the above

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A trading lot is fixed at _______ shares when the face value of the share is Rs.10.

A. 100

B. 10

C. 50

D. 20

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I.P.O.s are traded in Secondary Market.

A. True

B. False

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NSE stands for

A. National Security Exchange

B. National Stock Exchange

C. Notional Secure Exchange

D. Notification of Security Expenses

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Earliest Closing Date must be after the

A. Issue Opening Date

B. Book Closing Date

C. Issue Closing Date

D. Record Date