A Short Quiz On Stock Market! Trivia

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| By Ventura1

Ventura1

Community Contributor

Quizzes Created: 1 | Total Attempts: 107

Questions: 6 | Attempts: 107 | Updated: Mar 20, 2023

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A Short Quiz On Stock Market! Trivia - Quiz

Welcome to Short trivia Quiz on Stock Market! The stock market is a market in which buying and selling of shares take place and ideal for those of us looking to make some investments in companies. How knowledgeable are you about the regulations and rules in this market? Take this quiz and get to find out how to make the most from this market.

Questions and Answers

1.

What is the full form of SEBI?
- A.
  
  Securities and Exchange band of India
- B.
  
  Securities and Exchange board of India
- C.
  
  Sensex and Equity board of India
Correct Answer
B. Securities and Exchange board of India

Explanation
SEBI stands for Securities and Exchange Board of India. It is the regulatory body in India that oversees the securities market and ensures the protection of investors' interests. SEBI regulates and supervises various participants in the market, such as stockbrokers, mutual funds, and investment intermediaries. It formulates rules and regulations to promote fair practices, transparency, and efficiency in the securities market. SEBI plays a crucial role in maintaining the integrity and stability of the Indian financial system.

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2.

What is the full form of NCDEX?
- A.
  
  National Commodity and Derivative Exchange
- B.
  
  National Commercial development exchange
Correct Answer
A. National Commodity and Derivative Exchange

Explanation
The full form of NCDEX is National Commodity and Derivative Exchange. This exchange is responsible for facilitating online trading of agricultural commodities in India. It provides a platform for farmers, traders, and other participants to buy and sell various commodities such as wheat, rice, pulses, oilseeds, and spices. The exchange ensures transparency, fair pricing, and efficient trading practices in the commodity market.

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3.

If one client has purchased stock of Cipla on a particular Monday on BSE and then he can sell shares on Tuesday on NSE
- A.
  
  True
- B.
  
  False
Correct Answer
B. False

Explanation
The statement is false because stock purchases made on one exchange cannot be sold on another exchange the next day. Each exchange operates independently and has its own trading rules and regulations. Therefore, if a client purchases stock of Cipla on BSE on Monday, they can only sell it on BSE and not on NSE the next day.

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4.

Give Full form of IPO
- A.
  
  Intial Public Offering
- B.
  
  Interim Public Offering
- C.
  
  Indian Public Office
Correct Answer
A. Intial Public Offering

Explanation
An IPO stands for Initial Public Offering. It is a process by which a private company becomes a publicly traded company by offering its shares to the general public for the first time. This allows the company to raise capital from public investors and provides them with an opportunity to own a stake in the company. It is a significant milestone for a company as it provides access to a wider pool of investors and can help in raising funds for growth and expansion.

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5.

An investor buys stock worth Rs. 75000/- as delivery. If the brokerage charged to him is 0.35 %. What would the brokerage amount be in Rs.
- A.
  
  263
- B.
  
  261
- C.
  
  262.50
Correct Answer
C. 262.50

Explanation
The brokerage charged to the investor is 0.35% of the stock value. To calculate the brokerage amount, we multiply the stock value (Rs. 75000/-) by 0.35% (0.35/100). Therefore, the brokerage amount would be Rs. 262.50.

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6.

If one client has purchased stock of cipla on a particular Monday on BSE and then he can sell shares on tuesday on NSE
- A.
  
  No
- B.
  
  Yes
Correct Answer
A. No

Explanation
The answer is "No" because the client cannot sell shares on Tuesday on NSE after purchasing them on Monday on BSE. BSE and NSE are two different stock exchanges, and shares purchased on one exchange cannot be sold on another exchange the next day. The client would need to sell the shares on the same exchange where they were purchased.

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Current Version
Mar 20, 2023

Quiz Edited by
ProProfs Editorial Team
Aug 24, 2011

Quiz Created by
Ventura1

A Short Quiz On Stock Market! Trivia

What is the full form of SEBI?

What is the full form of NCDEX?

If one client has purchased stock of Cipla on a particular Monday on BSE and then he can sell shares on Tuesday on NSE

Give Full form of IPO

An investor buys stock worth Rs. 75000/- as delivery. If the brokerage charged to him is 0.35 %. What would the brokerage amount be in Rs.

If one client has purchased stock of cipla on a particular Monday on BSE and then he can sell shares on tuesday on NSE