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Current Affairs January 2024

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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

Correct Answer :

C. Either of the above


Related Questions

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There are _________ recognized Stock Exchanges in India.

A. 20

B. 23

C. 24

D. 25

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

A. True

B. False

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To acquire _______________ shares, shareholders have to pay an extra amount.

A. Bonus

B. Rights

C. Convertible

D. Non Convertible

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The block of assets in which a person invests is called ___________.

A. Block-Asset

B. Portfolio

C. Basket

D. Mutual Fund

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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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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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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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A preference share can be converted into debenture.

A. True

B. False

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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 _________.

A. Defective Share

B. Dematerialize Share

C. Bad Delivery

D. All of the above

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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

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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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4

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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4

NSE stands for

A. National Security Exchange

B. National Stock Exchange

C. Notional Secure Exchange

D. Notification of Security Expenses

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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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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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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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The stock markets remain closed on

A. Only Sunday

B. Only Saturday

C. Sunday or Saturday

D. None of them

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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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Convertible debentures can be converted into ________________.

A. Shares

B. Bonds

C. Debentures

D. None of the above

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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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The authority which regulates the stock market is

A. NSDL

B. RBI

C. SEBI

D. CDSL

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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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NSE stands for

A. National Security Exchange

B. National Stock Exchange

C. Notional Security Exchange

D. Notification of Security Expenses

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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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A Finance Company in which a Demat account can be opened is known as ________.

A. Demat Company

B. Depository Consultant

C. Depository Accountant

D. None of the above

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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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In Monthly Pension Bonds a fixed income is received after a predefined period.

A. True

B. False