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Current Affairs January 2024

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4

POSS stands for

A. Pay Order Savings System

B. Pay Order Savings Scheme

C. Post Office Savings Scheme

D. Post Office Savings System

Correct Answer :

C. Post Office Savings Scheme


Related Questions

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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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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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______ 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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NSDL stands for

A. Nominal Securities Depository Limited

B. National Securities Depository Limited

C. National Savings Depository Limited

D. Nominal Savings Depository Limited

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4

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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4

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

A. True

B. False

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The shareholders can extend their shareholdings by issue of _________ from the company.

A. Bonus Share

B. Right Share

C. Either of the above

D. None of the above

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4

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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PPF stands for

A. Preference Present Fund

B. Predefine Provision Fund

C. Public Provident Fund

D. Post Provision Facility

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4

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

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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4

I.P.O.s are traded in

A. Primary Market

B. Secondary Market

C. Both 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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4

__________ has the authority to regulate the stock market.

A. SEBI

B. RBI

C. NSDL

D. DP

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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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4

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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4

The authority which regulates the stock market is

A. NSDL

B. RBI

C. SEBI

D. CDSL

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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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4

A dematerialized security requires a certificate.

A. True

B. False

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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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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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4

A document which contains the important details about the issue of shares is known as

A. Share Offer Document

B. IPO Offer Document

C. Prospectus

D. Prospectus Letter

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4

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

A. True

B. False

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4

Investment refers to what one does with his/her

A. Income

B. Savings

C. Profit

D. All of them

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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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4

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

A. True

B. False

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

A. True

B. False

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4

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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4

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

A. True

B. False