Practice Test

Q1) SEBI can initiate investigations on the basis of reports received from the stock exchange. Show Answer

Q2) Clearing member may reduce the potion by closing out its existing positions, who have violated any requirement. Show Answer

Q3) In case of margin violation penalty is levied an trading member on __________ basis. Show Answer

Q4) The clearing member can recover penalty form respective trading member /client. Show Answer

Q5) For future contract open interest is equivalent to the __________ positions in the futures contract multiplied by closing price. Show Answer

Q6) BSE encourages malpractices in securities market. Show Answer

Q7) BSE does not have right to suspend the trading is any scrip. Show Answer

Q8) BSE has an __________ real time surveillance system. Show Answer

Q9) BSE has on-line real time (OLRT) surveillance system since July 15, __________. Show Answer

Q10) BOSS-I system integrates which of the following? Show Answer

Q11) Surveillance system adopted by SEBI has _________ parts. Show Answer

Q12) Market surveillance system is adopted by SEBI, with the main objective of Investor Protection. Show Answer

Q13) SEBI does not take any steps for investor protection on its own. Show Answer

Q14) SEBI supplements the primary regulator i.e. the stock exchanges in ensuring safe market for investors. Show Answer

Q15) While the IMSS is the process an interim surveillance mechanism has put in since June __________. Show Answer

Q16) _________ is the variation between the last traded price and the previous close price of a securities. Show Answer

Q17) __________ is the variation between the high and the low of a security. Show Answer

Q18) Quantity variation is the percentage variation between total traded quantity and the average traded quantity. Show Answer

Q19) Price variation and low variation means the same. Show Answer

Q20) Market wide circuit filters are calculated on _________ price. Show Answer

Q21) Market wide circuit are added to reduce the trading value and create obstacle. Show Answer

Q22) Market wide circuit filters are applicable only in case of downward movement of indices. Show Answer

Q23) All alert on the surveillance system are real time. Show Answer

Q24) Intraday trading is allowed on securities in Trade to Trade segment. Show Answer

Q25) _________ has established standards for effective surveillance in Indian securities markets in line with global standards. Show Answer

Q26) In India ___________ have been entrusted with the primary responsibility of undertaking market surveillance. Show Answer

Q27) Surveillance system detects on real time basis potential abnormal activity by comparing with _________ data. Show Answer

Q28) The initial margin on positions of a CM is computed on a __________ basis. Show Answer

Q29) On receiving the warring clearing member should reduce his exposure to contain the violation or he should bring additional __________. Show Answer

Q30) Market wide circuit breakers are based on __________ movement. Show Answer

Q31) As per SEBI guidelines except for script on which derivative products are available a daily circuit filter of __________ % is applied. Show Answer

Q32) Which of following transactions are suspicious? Show Answer

Q33) ‘BSE on-line surveillance – integrated’ system is known as __________. Show Answer

Q34) Which of the following is/are advantages of ‘BOSS-I’? Show Answer

Q35) Stock exchanges do not take any part in market surveillance system. Show Answer

Q36) The securities market in India is considered as one of the most efficient and sound markets in the world Show Answer

Q37) IMSS does not include the following engine Show Answer

Q38) SEBI has arranged a regular system of __________ surveillance meeting with major stock exchanges and depositories. Show Answer

Q39) __________ alerts are based on the traded related information at the end of the day. Show Answer

Q40) High-low variation is expressed as a percentage of the ___________. Show Answer

Q41) ___________ is the difference between last trade price and previous last trade price. Show Answer

Q42) Which of the following is not a surveillance action? Show Answer

Q43) No price bands are available on securities on which F&O is available. Show Answer

Q44) In case of a 20% movement of the index trading shall be halted for the reminder of the day. Show Answer

Q45) Nifty index drops by 15% at 3:00 pm. Market will be halted _____. Show Answer

Q46) PRISM refers to__________. Show Answer

Q47) A member is provided warning at which levels? Show Answer

Q48) The violation occurs when the exposure margin of a clearing member exceeds his liquid net worth is called as __________. Show Answer

Q49) In case certain abnormalities are noticed the circuit filters are __________. Show Answer

Q50) Unusual deviations are informed to _________ by stock exchanges. Show Answer

Q51) IMSS refers to Show Answer

Q52) An inter regulatory alert system between ________ and ________ has been set up. Show Answer

Q53) Which of the following is not a surveillance alert? Show Answer

Q54) SEBI on its own never initiates surveillance. Show Answer

Q55) The scrips which reach new high or new low and companies which have high trading volumes are watched __________. Show Answer