New Ro Daily Test 2
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Questions and Answers
- 1.
Where can the client see fully executed buy/sell orders in the Pointer?
- A.
Reports-Orders
- B.
Reports-Trades
- C.
Reports-Activity Log
- D.
Reports-Holdings Margin
Correct Answer
B. Reports-TradesExplanation
Only when the buy or sell order gets executed will it show under Trades. Also, Trades only shows the Intraday trades done by the client. It will not show the past buy/sell orders executed by the client.Rate this question:
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- 2.
The Holdings Margins given to the client is based on yesterdays closing value of the stocks that he is holding.
- A.
True
- B.
False
Correct Answer
A. True -
- 3.
If the client has purchased the shares using exposure on the 06th Jan 2016 which is a Wednesday, when will the square up of the shares take place if he doesn't return the exposure money on time?
- A.
13th Jan 2016-Wednesday
- B.
14th Jan 2016-Thursday
- C.
9th Jan 2016-Saturday
- D.
15th Jan 2016-Friday
Correct Answer
D. 15th Jan 2016-FridayExplanation
Ventura gives the client 7 trading days after the purchase date to return the exposure money used for trading. If the client does not return the money before 01:00 pm on the 7th trading day, Ventura will sell the shares worth the exposure money given to the client and collect their money through the sale.Rate this question:
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- 4.
Select all the options that you can see on right clicking on any script.
- A.
Sell
- B.
Save to Group
- C.
Action Watch
- D.
Set Alert
- E.
Remove Scrip
- F.
Activity Logs
- G.
Charts
Correct Answer(s)
A. Sell
B. Save to Group
D. Set Alert
E. Remove Scrip
G. ChartsExplanation
The options that can be seen on right clicking on any script are Sell, Save to Group, Set Alert, Remove Scrip, and Charts. These options provide various functions related to managing and analyzing the script. "Sell" allows the user to sell the script, "Save to Group" allows the user to save the script to a specific group, "Set Alert" allows the user to set an alert for the script, "Remove Scrip" allows the user to remove the script from the list, and "Charts" allows the user to view charts and analyze the script's performance.Rate this question:
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- 5.
What is Silver Regular lot size?
- A.
3 Kgs
- B.
30 Kgs
- C.
10 Kgs
- D.
1 Kg
Correct Answer
B. 30 KgsExplanation
The correct answer for the Silver Regular lot size is 30 Kgs. This means that when trading Silver Regular, the minimum amount that can be bought or sold is 30 Kgs.Rate this question:
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- 6.
The Delayed Payment charges percentage charged if the client delays the payment of the exposure money is ___ %
Correct Answer
18, 18%Explanation
If the client doesn't pay back the exposure money taken in T+2 days. He will get charged for delayed payment charges from the T+2nd day till the previous day of the payment date. Saturday and Sunday are also counted when calculating Delayed Payment ChargesRate this question:
- 7.
Which are Precious Metal?
- A.
Silver
- B.
Gold & Copper
- C.
Copper & Lead
- D.
Gold & Silver
Correct Answer
D. Gold & SilverExplanation
Gold and silver are considered precious metals because they have high economic value and are rare. They are widely used in jewelry, coinage, and as a store of value. Both gold and silver have been prized for their beauty and durability for centuries. Additionally, they have industrial applications in electronics, dentistry, and photography. Copper, on the other hand, is not classified as a precious metal, although it is widely used due to its excellent conductivity. Lead is also not considered a precious metal as it is abundant and has limited industrial applications.Rate this question:
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- 8.
If a client wants to trade in derivative segment(FnO and Currency) which of the following documents have to be submitted? [Select whichever applicable]
- A.
Acknowledgement Copy of last Income Tax Return.
- B.
Phone Bill
- C.
Bank Account Statement for last 6 months.
- D.
Electricity Bill
- E.
Copy of latest Demat Account Holding Statement.
- F.
Passport Copy
- G.
Statement of Net Worth as on date duly certified by Chartered Accountant.
- H.
Drivers License
- I.
Copy of last Salary Slip or Form 16; in case of Salaried.
Correct Answer(s)
A. Acknowledgement Copy of last Income Tax Return.
C. Bank Account Statement for last 6 months.
E. Copy of latest Demat Account Holding Statement.
G. Statement of Net Worth as on date duly certified by Chartered Accountant.
I. Copy of last Salary Slip or Form 16; in case of Salaried.Explanation
To trade in the derivative segment (FnO and Currency), the client needs to submit the following documents: Acknowledgement Copy of last Income Tax Return, Bank Account Statement for last 6 months, Copy of latest Demat Account Holding Statement, Statement of Net Worth as on date duly certified by Chartered Accountant, and Copy of last Salary Slip or Form 16; in case of Salaried. These documents are necessary to verify the client's financial status, income, and eligibility to trade in derivatives.Rate this question:
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- 9.
If the client buys shares using exposure on Day T. His shares will be squared off on the ______ day?
- A.
T+6 week day
- B.
T+7 trading day
- C.
T+2 trading day
- D.
T+7 week day
Correct Answer
B. T+7 trading dayExplanation
If the client buys shares on the 1st which is a Monday, the square off day will be on the 10th which is a Wednesday. 1st being X and 10th being the X+7th Trading day.Rate this question:
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- 10.
Which Window shows the Top Traded, Best 20 and worst 20 stocks for the day?
- A.
Market Depth
- B.
Market Summary
- C.
Action Watch
- D.
Day Position
Correct Answer
B. Market SummaryExplanation
The Market Summary window shows the top traded, best 20, and worst 20 stocks for the day. This window provides a quick overview of the market by displaying the most actively traded stocks, as well as the best-performing and worst-performing stocks based on their performance for the day. It allows traders and investors to easily identify the stocks that are gaining or losing the most value, helping them make informed decisions about their investments.Rate this question:
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Current Version
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Aug 25, 2023Quiz Edited by
ProProfs Editorial Team -
Oct 31, 2014Quiz Created by
Ventura Securities
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