NISM SERIES II A – REGISTRARS TO AN ISSUE AND SHARE TRANSFER AGENTS (CORP) EXAM-1

Q1.In the case of Transfer of Securities, the details of the transferee are endorsed on the ___.
 Transfer Deed
 Certificate.
 Brokers Books
 None of the above

 

Q2.Mutual funds have lower risks because of __ & __.
 Fundamental & Technical Analysis
 Market Tips & Professional management
 Interaction with promoters & access to inside information
 Portfolio diversification & Professional management

 

Q3.SEBI has laid down a list of mandatory collection centers for public issues – State True or False?
  TRUE
  FALSE

 

Q4.The date of execution of a transfer deed should be ___ the date of presentation to the prescribed authority (in the transfer of physical securities).
 after
 before
 same date as
 None of above

 

Q 5. The paid-up capital of a company can be higher than its issued capital – State True or False?
  TRUE
  FALSE

 

Q6.There is a one-year lock-in on the sale of shares allotted to a QIB in a preferential allotment – State True or False?
  TRUE
  FALSE

 

Q7.When shares are bought and sold on a recognized stock exchange, the settlement of trades requires __.
 (a) SEBI approval (b) Bank permission
(a) movement of securities from sellers Demat account to clearing account of delivering broker (b) movement of securities from clearing account of receiving brokers to the buyers’ account
 (a) movement of securities from clearing account of receiving brokers to buyers account (b) SEBI approval
 None of the above

 

Q 8. A 2:3 rights issue of shares means the investor is entitled to ____.
 Two shares for every three shares held
 Three shares for every two shares held
 Five shares for every three shares held
 Two shares for every five shares held

 

Q9.Bankers to an issue are appointed by the ____.
 Stock Exchange in which the shares will be listed
 SEBI
 Clearing House
 Issuer

 

Q10.Every time there is a bonus or rights issue a new ISIN is created by the depository – State True or False?
  TRUE
  FALSE0

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