3 Month Ro Training Test - T+7 & Dpc

10 Questions | Total Attempts: 1145

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3 Month Ro Training Test - T+7 & Dpc


Questions and Answers
  • 1. 
    If the client buys shares using exposure on Day X. His shares will be squared off on the ______ day?
    • A. 

      X + 5 trading days

    • B. 

      X + 7 trading days

    • C. 

      X + 3 trading days

    • D. 

      X + 2 trading days

  • 2. 
    Within how many days it is compulsory to change the password
    • A. 

      10

    • B. 

      15

    • C. 

      20

    • D. 

      31

  • 3. 
    A client has bought shares using exposure on Tuesday, when does DPC start ?
    • A. 

      The same day

    • B. 

      Thursday

    • C. 

      Wednesday

    • D. 

      Friday

  • 4. 
    If the Client has purchased stock using exposure on Friday. Calculate T+7 days.
    • A. 

      Next Monday

    • B. 

      Next Tuesday

    • C. 

      Tuesday

    • D. 

      Monday

  • 5. 
    A client has bought shares on wednesday using Exposure and made the payment on thursday. Yes, the client be charged DPC
    • A. 

      True

    • B. 

      False

  • 6. 
    If the client purchases shares on wednesday, when will the shares be squared off ?
    • A. 

      Next Monday

    • B. 

      Next Wednesday

    • C. 

      Next Thursday

    • D. 

      Next Friday

  • 7. 
    How many days of DPC will be charegd to a client if he/she has bought shares on 20th July 2016 and sold it on 28th July 2016?
    • A. 

      12

    • B. 

      10

    • C. 

      9

    • D. 

      2

  • 8. 
    How much Interest to we charge our clients?
    • A. 

      18% per month

    • B. 

      18% per day

    • C. 

      18% per annum

    • D. 

      16% per annum

  • 9. 
    The DPC for a client has started on friday. When has the client bought the shares using Exposure?
    • A. 

      Monday

    • B. 

      Wednesday

    • C. 

      Thursday

    • D. 

      Tuesday

  • 10. 
    A client has bought stocks on Thursday morning 10.00 am, he has paid fully for the stocks. On which day will he receive the stocks in his demat account?
    • A. 

      Tuesday

    • B. 

      Friday

    • C. 

      The same day

    • D. 

      Monday

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