Class 12 Finance MCQ Chapter 11 Stock Exchange or Secondary Market Solutions in English Medium to each chapter is provided in the list so that you can easily browse through different chapters Class 12 Finance MCQ Chapter 11 Stock Exchange or Secondary Market Question Answer and select need one. Class 12 Finance MCQ Chapter 11 Stock Exchange or Secondary Market Solutions Download PDF. AHSEC Class 12 Banking Multiple Choice Solutions.
Class 12 Finance MCQ Chapter 11 Stock Exchange or Secondary Market
Also, you can read the NCERT book online in these sections Solutions by Expert Teachers as per Central Board of Secondary Education (CBSE) Book guidelines. AHSEC Class 12 Finance Objective Type Solutions are part of All Subject Solutions. Here we have given HS 1st Year Banking Multiple Choice Question and Answer, HS First Year Banking MCQs Solutions for All Chapters, You can practice these here.
Stock Exchange or Secondary Market
Chapter: 11
| MCQ |
1. The market where existing securities are traded is called the ___________.
(i) Primary market.
(ii) Secondary market.
(iii) Tertiary market.
(iv) Money market.
Ans: (ii) Secondary market.
2. According to Securities Contracts (Regulation) Act 1956, a stock exchange is an association established for the purpose of ___________.
(i) Manufacturing products.
(ii) Regulating buying and selling of securities.
(iii) Producing goods.
(iv) Importing services.
Ans: (ii) Regulating buying and selling of securities.
3. The first virtual stock exchange in the world is ___________.
(i) NYSE.
(ii) BSE.
(iii) NASDAQ.
(iv) NSE.
Ans: (iii) NASDAQ.
4. Only ___________ securities are traded in a stock exchange.
(i) Registered.
(ii) Issued.
(iii) Listed.
(iv) New.
Ans: (iii) Listed.
5. Which of the following is NOT an example of a stock exchange?
(i) BSE.
(ii) NSE.
(iii) RBI.
(iv) NASDAQ.
Ans: (iii) RBI.
6. Which of the following is a feature of stock exchange?
(i) It deals in agricultural goods.
(ii) It is a market for securities.
(iii) It manufactures securities.
(iv) It issues currency.
Ans: (ii) It is a market for securities.
7. Who acts as an agent to buy and sell securities on behalf of investors in stock exchange?
(i) Banker.
(ii) Shareholder.
(iii) Broker.
(iv) Auditor.
Ans: (iii) Broker.
8. The main objective of listing securities is to ___________.
(i) Provide liquidity.
(ii) Increase currency value.
(iii) Print money.
(iv) Reduce savings.
Ans: (i) Provide liquidity.
9. In stock exchange, transactions are done only through ___________.
(i) Authorized brokers.
(ii) Public notaries.
(iii) Directors.
(iv) SEBI officials.
Ans: (i) Authorized brokers.
10. The economic barometer of a country is called ___________.
(i) Bank.
(ii) Stock exchange.
(iii) Insurance company.
(iv) Government.
Ans: (ii) Stock exchange.
11. Which of the following is required for listing of securities?
(i) Certified copies of agreements.
(ii) Tax receipts.
(iii) Import license.
(iv) Insurance policy.
Ans: (i) Certified copies of agreements.
12. A ___________ is a type of broker who expects the price of securities to rise.
(i) Bear.
(ii) Bull.
(iii) Jobber.
(iv) Stag.
Ans: (ii) Bull.
13. A broker who expects a fall in security prices is called ___________.
(i) Bear.
(ii) Bull.
(iii) Jobber.
(iv) Stag.
Ans: (i) Bear.
14. A ___________ makes speculative gains from short-term trades.
(i) Bull.
(ii) Bear.
(iii) Stag.
(iv) Jobber.
Ans: (iii) Stag.
15. ___________ acts as a middleman between the stock broker and investor.
(i) Auditor.
(ii) Sub-broker.
(iii) Banker.
(iv) Director.
Ans: (ii) Sub-broker.
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