MCQ ON CAPITAL MARKET
1. The first two characters in ISIN code for a security represents
(a) issuer type
(b) security type
(c) country code
(d) company identity
2. _____________ obligates the depositories to maintain ownership records of securities and effect changes in such records electronically at the behest of the owner of the securities.
(a) The Depositories Act, 1996
(b) The SEBI Act, 1992
(c) The Securities Contract (Regulation) Act, 1956
(d) The Companies Act, 1956
3. If the eighth and ninth character of the ISIN is mentioned as 04, what does it indicate
(a) Security is security receipt
(b) Security is non-convertible preference share
(c) Security is a warrant
(d) Security is equity share / mutual fund
4. Activities in the 'Activity Log' screen on the NEAT system are displayed in________
(a) Chronological order where within the order number, the details appear with the oldest activity first and the latest last
(b) Descending order of order numbers
(c) Ascending order of order numbers
(d) Reverse chronological order
Answers.
1. (c) 2.(a) 3.(b) 4.(a)