Q 1. A trader allows successive discounts of 15% and 10% on the marked price of an article. What would the selling price be if the marked price is Rs. 100?
Q 2. A trader does the following currency futures trade - sells EURINR and Buy JPYINR for an equivalent amount. What view has he executed ?
Q 3. Which term best describes EUR currency?
Q 4. If more than one contract in a series are outstanding at the time of expiry/ squaring off, the contract price of the contract so squared off is determined using ______ method for calculating profit/loss on squaring-up.
Q 5. If one year interest rate is 2.5% in UK and 9% in India. If current GBPINR spot rate is 78, what would be the one year future rate of GBPINR ?
Q 6. Margins across the various clients of a member are collected on a gross basis - State True or False ?
Q 7. RBI reference rate is the rate published daily by RBI for spot rate for various currency pairs at around _______ .
Q 8. The methodology usually used to value European options is ______ .
Q 9. Which of the following example is that of Market Making ?
Q 10. ______ is TRUE for Exchange Traded Derivatives.
Q 11. A trader expects GBYINR to remain stable at 80.00 levels over next one month. One month GBPINR premium is 50 paise. What is the likely trade that trader would do to execute the view and how much profit he would make per GBP if his views comes correct
Q 12. From the below given options, which parameters were used by RBI to decide which banks could run foreign currency INR option book ?
Q 13. Mr. Amit is working with a of a currency broking house is an expert in currency movements. As per his view, INR should appreciate against EUR in next 6 months and accordingly he advised some of his clients to take a short position by selling EUR agai
Q 14. Of the below, which describes the frequency of adjusting liquid networth of clearing members with initial margin ?
Q 15. Sumit buys one lot of USDINR futures and after half an hour of buying, the price of the contract moved by 100 ticks. By how may rupees has the value of contract changed?
Q 16. What is the process called in which the actual payin - payout of Profit / Loss or Mark to Market margin happens.
Q 17. Which of these is a key assumption of Technical Analysis ?
Q 18. . A person is expecting to receive 5000 USD after 3 months. He approaches various banks so that he can hedge his future receipts but various banks are quoting different prices. How can he get a very transparent pricing - What should he do ?
Q 19. . If the spot price of EURINR is 70, what will be the moneyness of a short EURINR put option on a strike price of 68 ?
Q 20. . The amount of asset that has to be delivered under one contract is the ________
Q 21. A Trading Member can seek exchange's permission if he wants to enter 'Pro Account' order from multiple locations - State True or False ?
Q 22. Aditya is going to the USA for higher studies and gets a loan sanctioned of Rs 10 lacs. As he has to make the payment to the University after one month, he is worried about foreign exchange fluctuation. To hedge this currency risk, he buys a few lots of currency futures in USD-INR. What is Aditya trying to protect himself from?
Q 23. As per the SEBI codes of conduct for brokers, what are the guidelines with respect to brokers advertising their business in a public media ?
Q 24. Mr. Vaibhav believes that USDINR will appreciate and accordingly he enters into a derivative contract to execute his view of appreciating USDINR. His view proved correct but he observed that his profits are not increasing along with the USDINR apprec
Q 25. State True or False - Selling a call option means having an obligation to buy an underlying asset.
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