A Short Quiz On Stock Market! Trivia

1. Give Full form of IPO

Intial Public Offering

Interim Public Offering

Indian Public Office

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.

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.

2. What is the full form of NCDEX?

National Commodity and Derivative Exchange

National Commercial development exchange

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.

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.

3. What is the full form of SEBI?

Securities and Exchange band of India

Securities and Exchange board of India

Sensex and Equity board of India

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.

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.

4. 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.

263

261

262.50

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.

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.

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

No

Yes

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.

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.

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

True

False

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.

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.