Quiz Instructions – How to Make the Most of It
To help you prepare and revise better, here are the key features available in the quiz section:
1. Question Navigation Made Easy
- Once the quiz starts, all question numbers will appear on your screen.
- Selected options are highlighted with color below each question number so you can track your choices at a glance.
2. Use the “CHECK” Button for Instant Feedback
- Want to know if your answer is right?
- Click on “CHECK” to view the correct answer along with a clear explanation to enhance your understanding.
3. Toggle Between Questions Anytime
- You’re free to move back and forth between questions.
- No need to worry about losing your progress — your selected answers will be saved automatically.
4. View the Entire Question Set at Once
- Want to review all questions and answers in one go?
- Just skip to the last question, click “Finish Quiz”, and then choose “View Questions.”
- This enables you to scroll through all questions and their answers together, making it easier to revise.
Pro Tip:
Use the quiz multiple times to test your memory, analyze explanations, and strengthen concepts!
Quiz Summary
0 of 100 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 100 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
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65
- 66
- 67
- 68
- 69
- 70
- 71
- 72
- 73
- 74
- 75
- 76
- 77
- 78
- 79
- 80
- 81
- 82
- 83
- 84
- 85
- 86
- 87
- 88
- 89
- 90
- 91
- 92
- 93
- 94
- 95
- 96
- 97
- 98
- 99
- 100
- Current
- Review / Skip
- Answered
- Correct
- Incorrect
-
Question 1 of 100
1. Question
1 point(s)Which of the following is a true measure of the realized return for a coupon bond?
CorrectIncorrect -
Question 2 of 100
2. Question
1 point(s)The underlying for 10-year bond futures under the current regulations can be theoretically
CorrectIncorrect -
Question 3 of 100
3. Question
1 point(s)If the spread between long-term rate and short-term rate has changed from +0.75% to +1.25%, the shift in term structure is
CorrectIncorrect -
Question 4 of 100
4. Question
1 point(s)Which of the following risks can be hedged with T Bill and T Bond futures?
CorrectIncorrect -
Question 5 of 100
5. Question
1 point(s)The futures hedge is exposed to___
CorrectIncorrect -
Question 6 of 100
6. Question
1 point(s)Exchange can further “tighten” but cannot dilute the scope of SEBI Regulations – State True or False ?
CorrectIncorrect -
Question 7 of 100
7. Question
1 point(s)Basis risk arises from
CorrectIncorrect -
Question 8 of 100
8. Question
1 point(s)Which of the following correctly describes “hedging”?
CorrectIncorrect -
Question 9 of 100
9. Question
1 point(s)If the base price of a security for a trading day is Rs 100 and the price range is 1%, the opening price for the trading day will be___
CorrectIncorrect -
Question 10 of 100
10. Question
1 point(s)Yield curve spread risk arises when the term structure shifts are not parallel but either steepening or flattening – State True or False ?
CorrectIncorrect -
Question 11 of 100
11. Question
1 point(s)India the last trading day and expiry day are one and the same for interest rate futures contract – State True or False ?
CorrectIncorrect -
Question 12 of 100
12. Question
1 point(s)The price of a bond is Rs 300. The Yield to Maturity (YTM) is 6.8% and the Modified duration is 3. If the Y TM changes by 1%, the bond price will change by _
CorrectIncorrect -
Question 13 of 100
13. Question
1 point(s)Who sets the Extreme Loss Margin at Clearing Member level ?
CorrectIncorrect -
Question 14 of 100
14. Question
1 point(s)Position Limit is the limit on an investor’s maximum daily volume – State True or False ?
CorrectIncorrect -
Question 15 of 100
15. Question
1 point(s)trade will not lead to any profit or loss in future.
CorrectIncorrect -
Question 16 of 100
16. Question
1 point(s)What is the option on Interest Rate called ?
CorrectIncorrect -
Question 17 of 100
17. Question
1 point(s)The Stop Loss order requires a _price to be specified.
CorrectIncorrect -
Question 18 of 100
18. Question
1 point(s)Mr. Kiran is a Non Resident and he sees a drop in interest rates in India. To make a speculative profit, he wishes to short sell interest rate derivatives. Can he do it ?
CorrectIncorrect -
Question 19 of 100
19. Question
1 point(s)As per the current accounting standards in India – The fair value will be taken to the Profit/Loss Account inculding transactions qualifying as Hedging Transactions – State True or False ?
CorrectIncorrect -
Question 20 of 100
20. Question
1 point(s)A Normal shape of term structure means that rate is the same for all terms – True or False ?
CorrectIncorrect -
Question 21 of 100
21. Question
1 point(s)Which of the following category of market participants can use interest rate derivatives?
CorrectIncorrect -
Question 22 of 100
22. Question
1 point(s)Which of the following makes debt an essential component of capital?
CorrectIncorrect -
Question 23 of 100
23. Question
1 point(s)The “fixed” in fixed income securities implies that _
CorrectIncorrect -
Question 24 of 100
24. Question
1 point(s)Custodian’s role is to settle___
CorrectIncorrect -
Question 25 of 100
25. Question
1 point(s)A Professional clearing Member can_
CorrectIncorrect -
Question 26 of 100
26. Question
1 point(s)Which of the following is the last trading day for Govt. bond futures?
CorrectIncorrect -
Question 27 of 100
27. Question
1 point(s)Which of the following is the settlement day for 10-year bond futures?
CorrectIncorrect -
Question 28 of 100
28. Question
1 point(s)Yield-to-maturity (YTM) assumes which of the following?
CorrectIncorrect -
Question 29 of 100
29. Question
1 point(s)The regulator for the primary market of government securities is___
CorrectIncorrect -
Question 30 of 100
30. Question
1 point(s)Which of the following is correct about the Conversion Factor?
CorrectIncorrect -
Question 31 of 100
31. Question
1 point(s)Which of the following statements is true?
CorrectIncorrect -
Question 32 of 100
32. Question
1 point(s)Credit spread is the price of
CorrectIncorrect -
Question 33 of 100
33. Question
1 point(s)Which of the following bond pays interest in proportion to the prevailing market rate?
CorrectIncorrect -
Question 34 of 100
34. Question
1 point(s)Which of the following entities is the registry for government securities ?
CorrectIncorrect -
Question 35 of 100
35. Question
1 point(s)Inter-commodity spread consists of buying futures on one underlying and selling futures on another for different expiry month and for the same quantity – State True or False ?
CorrectIncorrect -
Question 36 of 100
36. Question
1 point(s)The last trading day for Treasury Bill future contract is the Last Wednesday of Contract Month or the___day if it is a holiday.
CorrectIncorrect -
Question 37 of 100
37. Question
1 point(s)As per Macaulay Duration, for a 1% rise in interest rate, the price of 4 Year zero-coupon bond will fall by roughly _
CorrectIncorrect -
Question 38 of 100
38. Question
1 point(s)Bond X and Bond Y are issued by the same issuer and have the same maturity. Bond X is priced at 98 and Bond Y at 101.50. Which of the two bonds is a better investment?
CorrectIncorrect -
Question 39 of 100
39. Question
1 point(s)Amongst the below given options, which is TRUE for Subsidiary General Ledger (SGL) Account ?
CorrectIncorrect -
Question 40 of 100
40. Question
1 point(s)Bond futures usually are settled as follows___
CorrectIncorrect -
Question 41 of 100
41. Question
1 point(s)Mark-to-market margin is paid by___
CorrectIncorrect -
Question 42 of 100
42. Question
1 point(s)Which was the first exchange traded derivative to be introduced in the Indian markets ?
CorrectIncorrect -
Question 43 of 100
43. Question
1 point(s)The stop-loss requires a trigger price to be specified, which should be lower than current market offer price for stop-loss buy order – State True or False ?
CorrectIncorrect -
Question 44 of 100
44. Question
1 point(s)Which of the following is the role of derivatives?
CorrectIncorrect -
Question 45 of 100
45. Question
1 point(s)What is FRA ?
CorrectIncorrect -
Question 46 of 100
46. Question
1 point(s)Futures contracts can be used to modify the exposure portfolio’s Modified Duration in the following way/s:
CorrectIncorrect -
Question 47 of 100
47. Question
1 point(s)Which of the following markets are borrow-lend type of transactions?
CorrectIncorrect -
Question 48 of 100
48. Question
1 point(s)____require prior permission of RBI to short sell Treasury bill futures.
CorrectIncorrect -
Question 49 of 100
49. Question
1 point(s)Initial margin is paid by _
CorrectIncorrect -
Question 50 of 100
50. Question
1 point(s)Which of the following derivatives have the largest market size in India?
CorrectIncorrect -
Question 51 of 100
51. Question
1 point(s)Yield curve spread risk arises when the term structure shift is
CorrectIncorrect -
Question 52 of 100
52. Question
1 point(s)The role of an Exchange is to _
CorrectIncorrect -
Question 53 of 100
53. Question
1 point(s)What is the meaning of Market Risk ?
CorrectIncorrect -
Question 54 of 100
54. Question
1 point(s)Which date is the ‘Expiry Date’ in Interest Rate futures contract ?
CorrectIncorrect -
Question 55 of 100
55. Question
1 point(s)The Contract Amount (or the market lot ) for Treasury Bills and Government Bond futures is___and____Respectively.
CorrectIncorrect -
Question 56 of 100
56. Question
1 point(s)Forward on Interest Rate is called_____
CorrectIncorrect -
Question 57 of 100
57. Question
1 point(s)Who issues the ‘Certificates of Deposit ?
CorrectIncorrect -
Question 58 of 100
58. Question
1 point(s)Assume two bonds are issued by an issuer which have same maturity but different coupon. Which bond should an investor buy ?
CorrectIncorrect -
Question 59 of 100
59. Question
1 point(s)The Public Debt Office of RBI maintains demat account of Govt. Securities for _
CorrectIncorrect -
Question 60 of 100
60. Question
1 point(s)Why will every futures seller prefer to deliver “cheapest-to-deliver” bond ?
CorrectIncorrect -
Question 61 of 100
61. Question
1 point(s)Among the following options, which is true about Position Limits ?
CorrectIncorrect -
Question 62 of 100
62. Question
1 point(s)A trader expects the 3 month interest rate to fall in one month. What should he do today ?
CorrectIncorrect -
Question 63 of 100
63. Question
1 point(s)The situation of BUY IN arises due to failure in settlement by ____
CorrectIncorrect -
Question 64 of 100
64. Question
1 point(s)What is the use of ‘Quantity Freeze’ ?
CorrectIncorrect -
Question 65 of 100
65. Question
1 point(s)____are traded only in the OTC market.
CorrectIncorrect -
Question 66 of 100
66. Question
1 point(s)The derivatives) traded in the exchange market is/are____
CorrectIncorrect -
Question 67 of 100
67. Question
1 point(s)The contract months ie. expiry months for Treasury Bills futures in India are
CorrectIncorrect -
Question 68 of 100
68. Question
1 point(s)_____is traded both in OTC and Exchange markets.
CorrectIncorrect -
Question 69 of 100
69. Question
1 point(s)____is a debt security which has no cash flow until maturity.
CorrectIncorrect -
Question 70 of 100
70. Question
1 point(s)When the difference between Long Term Rate and Short Term Rate falls or narrows from positive to less positive or from negative to more negative, the shift in term structure is called____
CorrectIncorrect -
Question 71 of 100
71. Question
1 point(s)In India the Interest Rate Derivatives are regulated by
CorrectIncorrect -
Question 72 of 100
72. Question
1 point(s)The members of Exchange are called___
CorrectIncorrect -
Question 73 of 100
73. Question
1 point(s)If the seller fails to serve the Notice of Intent to Deliver by the stipulated time either for full Open Position or part of it, the failed quantity will be ___
CorrectIncorrect -
Question 74 of 100
74. Question
1 point(s)For the Open Position on the Last Trading Day, the seller must notify the Clearing Corporation his intention to deliver by the close of____
CorrectIncorrect -
Question 75 of 100
75. Question
1 point(s)A coupon paying bond is issued by a government ( sovereign ). Which risk(s) is/are associated with such bonds ?
CorrectIncorrect -
Question 76 of 100
76. Question
1 point(s)The last trading day for a 10 year bond futures contract is____
CorrectIncorrect -
Question 77 of 100
77. Question
1 point(s)An action which may result in either profit or loss in future is known as___
CorrectIncorrect -
Question 78 of 100
78. Question
1 point(s)The settlement date for interest rate derivatives is___
CorrectIncorrect -
Question 79 of 100
79. Question
1 point(s)Day Order’ is also known as___
CorrectIncorrect -
Question 80 of 100
80. Question
1 point(s)The accrued interest is paid by_____in the secondary market trades of coupon bonds.
CorrectIncorrect -
Question 81 of 100
81. Question
1 point(s)____is a measure of ‘Price Risk’ in a bond.
CorrectIncorrect -
Question 82 of 100
82. Question
1 point(s)The position limits are defined___
CorrectIncorrect -
Question 83 of 100
83. Question
1 point(s)Who frames the operational procedures for trading and settlement of interest rate derivatives ?
CorrectIncorrect -
Question 84 of 100
84. Question
1 point(s)Among the below given options, interest rates will be highest for _credit ratings.
CorrectIncorrect -
Question 85 of 100
85. Question
1 point(s)Which order has a better chance of execution – Stop Loss order or Stop Loss Limit order ?
CorrectIncorrect -
Question 86 of 100
86. Question
1 point(s)Which of the following is true with respect to the regulations on buying and selling of T Bill and T Bond futures for Non-residents and Foreign Institutional Investors ?
CorrectIncorrect -
Question 87 of 100
87. Question
1 point(s)A trader expects the interest rate change to happen in the short term, so he should use____
CorrectIncorrect -
Question 88 of 100
88. Question
1 point(s)For the same deliverable bond, the conversion factor will be.____
CorrectIncorrect -
Question 89 of 100
89. Question
1 point(s)When a Stop Loss buy order is entered, the trigger price has to be _
CorrectIncorrect -
Question 90 of 100
90. Question
1 point(s)True return can be calculated in advance for___
CorrectIncorrect -
Question 91 of 100
91. Question
1 point(s)The____order requires a trigger price to be specified.
CorrectIncorrect -
Question 92 of 100
92. Question
1 point(s)_____measures the PRICE RISK in a bond.
CorrectIncorrect -
Question 93 of 100
93. Question
1 point(s)If the SEBI regulations mention a farthest expiry date for futures contract of one year, than the Exchange can list the future trade contracts with the farthest expiry date of____
CorrectIncorrect -
Question 94 of 100
94. Question
1 point(s)A “Gilt Account” is____
CorrectIncorrect -
Question 95 of 100
95. Question
1 point(s)Buy In”applies for”____
CorrectIncorrect -
Question 96 of 100
96. Question
1 point(s)From the given options, which is the most liquid tenor in Money Markets ?
CorrectIncorrect -
Question 97 of 100
97. Question
1 point(s)The maturity of the underlying bond on which the futures contract is currently listed is
CorrectIncorrect -
Question 98 of 100
98. Question
1 point(s)Among the following options, which quantity of face value can be bought or sold for Govt. bond futures ?
CorrectIncorrect -
Question 99 of 100
99. Question
1 point(s)In Exchange traded derivatives, the “trade guarantee” is given by _
CorrectIncorrect -
Question 100 of 100
100. Question
1 point(s)When we trade, we___
CorrectIncorrect
