Trivia Quiz: How Much Do You Know About Stock Payment?
Most companies measure their success by being listed in the stock exchange markets where they can sell their shares to willing buyers. There are different ways in which people can try and understand how the stock market works. Do you believe you know much about stock payment? Well take up the quiz below and get to see just how much you know about it!
Questions and Answers
- 1.
All commodities traded in MCX are tradable only in __________.
- A.
Options Contract
- B.
Forward Contract
- C.
Future Contract
- D.
Spot Market
Correct Answer
C. Future ContractExplanation
MCX, which stands for Multi Commodity Exchange, is a platform for trading various commodities such as metals, energy, and agricultural products. The correct answer is Future Contract because all commodities traded in MCX are tradable only through futures contracts. A futures contract is a standardized agreement to buy or sell a specific quantity of a commodity at a predetermined price and date in the future. Therefore, MCX facilitates trading in commodities through future contracts rather than options contracts, forward contracts, or spot market transactions.Rate this question:
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- 2.
DreamGains does not provide BTST/STBT calls in MCX.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
DreamGains does not provide BTST/STBT calls in MCX. This means that DreamGains does not offer Buy Today Sell Tomorrow (BTST) or Sell Today Buy Tomorrow (STBT) calls in the Multi Commodity Exchange (MCX). This suggests that DreamGains does not provide recommendations or tips for short-term trading in MCX commodities where traders buy and sell on the same day or the next day. Therefore, the statement "True" indicates that DreamGains indeed does not provide BTST/STBT calls in MCX.Rate this question:
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- 3.
Short Selling Position in any MCX Commodities is available only ____________.
- A.
For Intraday
- B.
For T+2 Days
- C.
Till Expiry of Contract
- D.
Not available at all
Correct Answer
C. Till Expiry of ContractExplanation
Short Selling Position in any MCX Commodities is available only till the expiry of the contract. This means that traders can sell commodities that they do not own with the intention of buying them back at a lower price before the contract expires. After the contract expires, the short selling position is no longer available.Rate this question:
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- 4.
One of the clients has Buying Position in 10 lots of Gold at 31500, CMP of Gold is 31550. Client has already booked 5 lots at 31530, now how much total profit he’ll make if he books remaining lots at CMP?
- A.
50000 Rs.
- B.
75000 Rs.
- C.
100000 Rs.
- D.
40000 Rs.
Correct Answer
D. 40000 Rs.Explanation
The client has a buying position in 10 lots of Gold at 31500. The current market price (CMP) of Gold is 31550. The client has already booked 5 lots at 31530. To calculate the total profit, we need to find the difference between the CMP and the buying price for the remaining lots. The CMP is 31550 and the buying price is 31500, so the profit per lot is 31550 - 31500 = 50. Since the client has 5 remaining lots, the total profit will be 50 * 5 = 250. Therefore, the total profit he'll make if he books the remaining lots at CMP is 250 * 100 = 40000 Rs.Rate this question:
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- 5.
Clients with investment of at least 6-7 lacs can avail HNI One Services.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
Clients with an investment of at least 6-7 lacs can avail HNI One Services. This means that if a client has an investment of 6-7 lacs or more, they are eligible to access the HNI One Services. Therefore, the statement "True" is the correct answer.Rate this question:
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- 6.
Assured Return packs like GOLD 200, SILVER 1000 can be sold for one of the following duration only.
- A.
Monthly
- B.
Quarterly
- C.
Yearly
Correct Answer
A. MonthlyExplanation
Assured Return packs like GOLD 200 and SILVER 1000 can only be sold for a monthly duration. This means that investors who purchase these packs will receive a guaranteed return on their investment on a monthly basis. The packs cannot be sold for quarterly or yearly durations, indicating that the returns are only provided on a monthly basis.Rate this question:
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- 7.
If profit is less than 10 points, it will be considered as 0 profits for the day in Crude 200 Pack.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
If the profit in the Crude 200 Pack is less than 10 points, it will be considered as 0 profits for the day. This means that any profit below 10 points will not be counted and will be treated as if there were no profits for the day. Therefore, the statement is true.Rate this question:
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- 8.
Customer cannot keep one the following services on Hold.
- A.
Stock Cash
- B.
HNI One
- C.
Copper 20
- D.
Options
Correct Answer
C. Copper 20Explanation
The customer cannot keep the service "Copper 20" on hold.Rate this question:
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- 9.
ROI stands for ____________________
- A.
Rate of interest
- B.
Return on interest
- C.
Rate of investment
- D.
Return on investment
Correct Answer
D. Return on investmentExplanation
ROI stands for Return on Investment. It is a financial metric used to measure the profitability of an investment. It indicates the return or profit generated from an investment relative to its cost. ROI is calculated by dividing the net profit or gain from the investment by the original cost of the investment, and then expressing it as a percentage. A higher ROI indicates a more profitable investment, while a lower ROI suggests a less profitable or potentially negative investment.Rate this question:
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- 10.
Which of the following is not one of the payment options?
- A.
Cash Deposit
- B.
Cheque
- C.
EMI
- D.
CC avenue
Correct Answer
C. EMIExplanation
EMI is not one of the payment options because it stands for Equated Monthly Installment, which is a method of payment used for loans or purchases where the total amount is divided into equal monthly payments over a specific period of time. It is not a direct payment option like cash deposit, cheque, or CC avenue.Rate this question:
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- 11.
Through which type of Debit Card, IVRS payment is collected?
- A.
MasterCard
- B.
Maestro
- C.
VISA
- D.
None of the above
Correct Answer
D. None of the aboveExplanation
IVRS payment collection is not specific to any particular type of debit card. It is a payment method that can be used with any debit card, regardless of whether it is a MasterCard, Maestro, VISA, or any other type of debit card. Therefore, the correct answer is "None of the above".Rate this question:
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- 12.
Which of the following is not one of the USPs of DreamGains?
- A.
Jackpot call
- B.
Transparency
- C.
Technical Support
- D.
Portfolio analysis
Correct Answer
A. Jackpot callExplanation
DreamGains is a company that offers various services related to financial investments. The question asks for the option that is not a unique selling proposition (USP) of DreamGains. A USP is a characteristic or feature that sets a product or service apart from its competitors. Based on the options provided, "Jackpot call" is the correct answer as it does not represent a unique selling proposition. The other options, such as Transparency, Technical Support, and Portfolio analysis, can be considered as potential USPs for DreamGains.Rate this question:
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- 13.
If a Customer's number is not reachable or switched off then what will be the Disposal for that particular Lead?
- A.
Not Contacted
- B.
No Answer
- C.
Attempted to Contact
- D.
Junk Lead
Correct Answer
C. Attempted to ContactExplanation
If a customer's number is not reachable or switched off, the disposal for that particular lead would be "Attempted to Contact." This means that the person trying to contact the customer made an effort to reach them but was unable to due to the phone being unreachable or switched off. This disposal indicates that the contact was attempted but unsuccessful.Rate this question:
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- 14.
It is mandatory to remove any Special Charcters like '+' or any prefixes like '0','91' from any number in the CRM.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
The given statement is true because in the CRM system, it is necessary to remove any special characters like '+', prefixes like '0', '91' from any number. This is important to ensure that the numbers are in a standardized format and to avoid any discrepancies or issues while processing or analyzing the data. Removing special characters and prefixes helps in maintaining consistency and accuracy in the CRM system.Rate this question:
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- 15.
What is the full form of OTP in regards to IVRS Payment?
- A.
One Transaction Payment
- B.
One Time Password
- C.
Over The Periods
Correct Answer
B. One Time PasswordExplanation
The full form of OTP in regards to IVRS Payment is "One Time Password". This is a security measure used to authenticate and authorize transactions made through IVRS (Interactive Voice Response System) Payment. It is a unique password that is valid for only one transaction and provides an additional layer of security to ensure that the transaction is being made by the authorized user.Rate this question:
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- 16.
One Client has fixed Brokerage of 20 rs. per lot (Incl Both Sides) for Options then How much he has to pay if he transacts 1000 shares of Nifty 5700 (oct) Put Options?
- A.
200 Rs.
- B.
2000 Rs.
- C.
400 Rs.
- D.
4000 Rs.
Correct Answer
C. 400 Rs.Explanation
The client has a fixed brokerage of 20 rs. per lot for options. Since each lot consists of 100 shares, the client is transacting 1000 shares, which is equivalent to 10 lots. Therefore, the client will have to pay a brokerage of 20 rs. per lot for 10 lots, which amounts to 200 rs. in total. However, this brokerage is inclusive of both sides, so the client will have to pay 200 rs. for buying the options and another 200 rs. for selling them, resulting in a total payment of 400 rs.Rate this question:
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- 17.
If a trader puts Market Order to BUY NIFTY FUTURE. Nifty Future LTP is 5280, Bid price is 5279 and Ask price is 5281. Then in above case at what price the order will be executed?
- A.
5280
- B.
5279
- C.
5281
- D.
5280.5
Correct Answer
C. 5281Explanation
The trader placed a market order to buy NIFTY Future. In this case, a market order is executed at the best available price in the market. The bid price is the highest price a buyer is willing to pay, and the ask price is the lowest price a seller is willing to accept. Since the trader wants to buy, the order will be executed at the ask price, which is 5281.Rate this question:
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- 18.
In the primary market the transaction of securities is two directional
- A.
True
- B.
False
Correct Answer
B. FalseExplanation
In the primary market, the transaction of securities is not two directional. The primary market is where new securities are issued and sold for the first time by the issuing company directly to investors. In this market, the direction of the transaction is one-way, from the issuing company to the investors. The investors purchase the securities, such as stocks or bonds, and provide funds to the issuing company. Therefore, the correct answer is false.Rate this question:
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- 19.
DRHP states all important details of the company like stop loss, targets, investment required, etc.
- A.
True
- B.
False
Correct Answer
B. FalseExplanation
The given statement is not accurate. DRHP stands for Draft Red Herring Prospectus, which is a preliminary document filed by a company with the regulatory authority before making a public offering of securities. It provides information about the company, its operations, financials, and risks involved, but it does not include details such as stop loss, targets, or investment required. Therefore, the correct answer is False.Rate this question:
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- 20.
Which of the following does not have a lot size?
- A.
Stock Futures
- B.
Index Futures
- C.
Stock Cash
- D.
Commodities
Correct Answer
C. Stock CashExplanation
Stock Cash does not have a lot size because it refers to the purchase or sale of actual shares of a company in the cash market. In the cash market, the quantity of shares bought or sold is not standardized and can be any number, depending on the investor's preference and the availability of shares in the market. On the other hand, Stock Futures, Index Futures, and Commodities all have lot sizes, which represent the standardized quantity or contract size for trading purposes.Rate this question:
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- 21.
What is meant by bid price?
- A.
The number of shares traded during the day
- B.
The current highest price per share that a buyer is willing to pay
- C.
The last price at which the stock traded
- D.
The lowest asking price per share that a share holder is willing to sell for
Correct Answer
B. The current highest price per share that a buyer is willing to payExplanation
The bid price refers to the current highest price per share that a buyer is willing to pay. This is the price at which a buyer is willing to enter into a transaction and purchase the stock. It represents the demand for the stock at a particular price point. The bid price is important for investors and traders as it helps them determine the potential selling price for their shares and make informed decisions about buying and selling stocks.Rate this question:
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- 22.
Which of the following is not a type of financial market?
- A.
Money Market
- B.
Capital Market
- C.
Real Estate Market
- D.
Bond Market
Correct Answer
C. Real Estate MarketExplanation
Real Estate Market is not considered a type of financial market because it primarily involves the buying, selling, and renting of physical properties such as land, buildings, and houses. While it does involve financial transactions, it is distinct from financial markets that deal with financial instruments such as stocks, bonds, and currencies. Financial markets are focused on the trading of these instruments, facilitating the flow of capital and investment. Real Estate Market, on the other hand, is more concerned with tangible assets and the physical market for properties.Rate this question:
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- 23.
Which one of the below doesnt have a circuit limit?
- A.
Nifty
- B.
Sensex
- C.
ICICI Futures
- D.
None of the above
Correct Answer
C. ICICI FuturesExplanation
ICICI Futures does not have a circuit limit. A circuit limit is a price limit set by stock exchanges to prevent extreme price fluctuations in a security. It acts as a safeguard to maintain market stability. Nifty and Sensex, on the other hand, have circuit limits, which means there are certain price thresholds beyond which trading in these indices is halted temporarily. However, ICICI Futures, being a derivative instrument, does not have such circuit limits as it is based on the underlying asset's price movement rather than being directly traded on the exchange.Rate this question:
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- 24.
Scrips which are tradable in Futures (Derivatives) have a particular circuit limit in Spot (Cash).
- A.
True
- B.
False
Correct Answer
B. FalseExplanation
The statement is false because scrips that are tradable in futures do not have a particular circuit limit in spot or cash. Circuit limits are restrictions placed on the price movement of a stock or security in a single trading session. These limits are usually applicable to stocks traded in the cash market and are designed to prevent excessive volatility. However, futures trading is not subject to circuit limits as it involves contracts for future delivery of the underlying asset, rather than immediate settlement.Rate this question:
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- 25.
NSE provides a facility to Trade in Half Lot of Stock Future if client has less margin to trade.
- A.
True
- B.
False
Correct Answer
B. FalseExplanation
The given statement is false. The National Stock Exchange (NSE) does not provide a facility to trade in half lot of stock futures if a client has less margin to trade. In stock futures trading, a lot size is predetermined and cannot be divided into half lots. Clients are required to have the full margin amount to trade in stock futures.Rate this question:
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- 26.
HNI One despite being a monthly service can be stretched beyond 1 month in case promised return of 3.5L is not met.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
HNI One is a monthly service that offers a promised return of 3.5L. However, if this return is not met within a month, the service can be extended beyond one month. This means that even though it is a monthly service, it has the flexibility to continue until the promised return is achieved. Therefore, the statement is true.Rate this question:
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- 27.
Which of the following is not one of the sources that DreamGains uses generates leads?
- A.
Email
- B.
Newspaper ads
- C.
SMS
- D.
Google ads
Correct Answer
B. Newspaper adsExplanation
DreamGains does not use newspaper ads as one of its sources to generate leads.Rate this question:
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- 28.
Which type of Order is suggested to our clients for the trading in Our 'Buy Above' or 'Sell Below' calls?
- A.
Stop Loss Order
- B.
Target order
- C.
Market Order
Correct Answer
A. Stop Loss OrderExplanation
The correct answer is Stop Loss Order. Stop Loss Orders are suggested to clients for trading in 'Buy Above' or 'Sell Below' calls. This type of order is used to limit potential losses by automatically triggering a market order to sell a security if it reaches a certain price. It helps investors protect their investment by setting a predetermined exit point to minimize losses.Rate this question:
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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Mar 19, 2023Quiz Edited by
ProProfs Editorial Team -
Jan 09, 2014Quiz Created by
Dreamgains
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