Ncfm Exams

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Correct answers are shown in green. Attempted answers, if wrong, are in red.
Q1|
Capital Employed is equal to _________.   [ 2 Marks ]

(a) Fixed Assets + Current Assets +Current Liabilities
(b) Fixed Assets + Current Assets - Current Liabilities
(c) Fixed Assets - Current Assets + Current Liabilities
(d) Fixed Assets - Current Assets - Current Liabilities
(e) I am not attempting the question|

Q2|
If a client buys shares worth Rs. 2,55,000 and sells shares worth Rs. 3,45,000 through a broker, then the maximum brokerage payable to the broker is _____________.    [ 2 Marks ]

(a) Rs. 20000
(b) Rs. 15000
(c) Rs. 25000
(d) Rs. 10000
(e) I am not attempting the question|

Q3|
Return on Total Asset is equal to __________.    [ 2 Marks ]

(a) Gross Income/Average Total Asset
(b) Average total asset/Gross Income
(c) Return on Equity/Average total Asset
(d) Net income /Average Total Asset
(e) I am not attempting the question|

Q4|
Which of the following is a benefit of participation in a depository?    [ 1 Mark ]

(a) No stamp duty on transfer of securities.
(b) Elimination of risks associated with physical certificates such as bad delivery, fake       securities,etc. (c) Nomination facility.
(d) All of the above
(e) I am not attempting the question|

Q5|
The benchmark stock market index of India is ________.    [ 1 Mark ]

(a) Dow Jones
(b) Nikkei 225
(c) S&P 500
(d) the Nifty
(e) I am not attempting the question|

Q6|
Which of the following is not true about offer of shares through normal public issue?    [ 2 Marks ]

(a) In normal Public issue, investors bid for shares at the floor price or above and after the closure       of the process the price is determined for allotment of shares. (b) In case of the normal public issue the demand for an issue is known at the close of the issue. (c) In case of offer of shares through normal public issue price at which securities will be allotted       is known to an investor in advance . (d) None of the above

(e) I am not attempting the question|

Q7|
At 8% annual inflation rate, an item costing Rs. 100 today, would cost Rs. _______ after one year.   [ 3 Marks ]

(a) Rs. 108
(b) Rs. 118
(c) Rs. 208
(d) Rs. 98
(e) I am not attempting the question|

Q8|
At 6% annual inflation rate, an item costing Rs. 100 today, would cost Rs. _______ after two years.    [ 3 Marks ]

(a) Rs. 224
(b) Rs. 112.36
(c) Rs. 122.46
(d) Rs. 124.30
(e) I am not attempting the question|

Q9|
The Margin which takes care that all daily losses must be met by the investor by depositing of further collateral by the close of business, the following day is known as _________.    [ 1 Mark ]

(a) Mark to Market Margin
(b) Minimum Margin
(c) Cross Margin
(d) Initial Margin
(e) I am not attempting the question|

Q10|
What is the present value of Rs. 6000 receivable after two years at a discount rate of 5% under continuous discounting?    [ 2 Marks ]

(a) Rs. 5429.02
(b) Rs. 6000
(c) Rs. 5700
(d) Rs. 6300
(e) I am not attempting the question|

Q11|
What is the dividend yield of ABC Co Share having a face value of Rs 100, market value of 360 and an annual dividend of Rs 10?    [ 1 Mark ]

(a) 1%
(b) 2.77%
(c) 10%
(d) 4%
(e) I am not attempting the question|

Q12|
Earnings Per Share (EPS) is calculated by _________.    [ 2 Marks ]

(a) Gross Profit / No. of equity shareholders
(b) Net Profit / No. of equity shareholders
(c) Gross Profit / No. of Ordinary shares outstanding
(d) Net Profit / No. of Ordinary shares outstanding
(e) I am not attempting the question|

Q13|
Which amongst these is not a Debt market instrument?    [ 1 Mark ]

(a) Public Sector Units bonds
(b) Corporate Securities
(c) FIIs
(d) Government Securities
(e) I am not attempting the question|

Q14|
Which rate of return accounts for intra-year compounding?    [ 2 Marks ]

(a) Effective
(b)...
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