Quiz Summary
0 of 25 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 25 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 25
1. Question
What is the role of a Clearing Corporation in stock market transactions?
CorrectIncorrect -
Question 2 of 25
2. Question
What is the process called when the Clearing Corporation becomes the buyer to every seller and seller to every buyer to ensure settlement in case of default?
CorrectIncorrect -
Question 3 of 25
3. Question
In a multi-lateral netting scenario, what is the primary challenge when a default occurs?
CorrectIncorrect -
Question 4 of 25
4. Question
What is the primary purpose of a robust risk management system, including efficient margining, in a Clearing Corporation?
CorrectIncorrect -
Question 5 of 25
5. Question
What is the settlement cycle in India for the capital market segment?
CorrectIncorrect -
Question 6 of 25
6. Question
What role does a Clearing Corporation play as a central counterparty?
CorrectIncorrect -
Question 7 of 25
7. Question
What is the primary benefit of inter-operability among Clearing Corporations in India?
CorrectIncorrect -
Question 8 of 25
8. Question
What does a clearing bank do in the clearing and settlement process?
CorrectIncorrect -
Question 9 of 25
9. Question
Which entity helps in the maintenance of ownership and transfer records of securities in electronic form in the depository system?
CorrectIncorrect -
Question 10 of 25
10. Question
What are Depository Participants (DPs) responsible for in the depository system?
CorrectIncorrect -
Question 11 of 25
11. Question
What is the key requirement for debiting a beneficiary account when transferring securities in the depository system?
CorrectIncorrect -
Question 12 of 25
12. Question
How are securities transferred from a seller’s account to a broker’s pool account in the depository system?
CorrectIncorrect -
Question 13 of 25
13. Question
In the context of clearing and settlement, what is the role of multilateral netting?
CorrectIncorrect -
Question 14 of 25
14. Question
What is the primary purpose of clearing in the stock market?
CorrectIncorrect -
Question 15 of 25
15. Question
Which entity guarantees that all contracts traded on a stock exchange will be honoured in the clearing process?
CorrectIncorrect -
Question 16 of 25
16. Question
What is the primary purpose of balancing/netting of client accounts within a broker’s firm in the clearing process?
CorrectIncorrect -
Question 17 of 25
17. Question
What is the primary objective of broker netting within the Exchange?
CorrectIncorrect -
Question 18 of 25
18. Question
What is the role of a clearing agency (clearing corporation/clearing house) in the clearing process?
CorrectIncorrect -
Question 19 of 25
19. Question
How does the clearing agency determine net settlement obligations for clearing members?
CorrectIncorrect -
Question 20 of 25
20. Question
What is the two-way process involved in settlement?
CorrectIncorrect -
Question 21 of 25
21. Question
In the context of clearing and settlement, what is a “bad delivery”?
CorrectIncorrect -
Question 22 of 25
22. Question
When does the paying member need to ensure that clear funds are available in their clearing bank settlement account?
CorrectIncorrect -
Question 23 of 25
23. Question
What role do custodians play in the clearing process for institutional clients like Mutual Funds and Insurance Companies?
CorrectIncorrect -
Question 24 of 25
24. Question
In the context of derivatives clearing, what is “Mark-to-Market settlement”?
CorrectIncorrect -
Question 25 of 25
25. Question
How are derivatives contracts typically settled, either cash or physically?
CorrectIncorrect