Practice Static GA Questions and Answers

• What does S & P 500 relate to?
• Which of the following statements is / are true.  I. The   Society for Worldwide Interbank Financial Telecommunication ("SWIFT")   operates a worldwide...
• ______ are contracts that give the owner the right, but not the obligation, to buy (in the case of a call option) or sell (in the case of put option) an as...
• The First Governor to sign a note in India was:
• Dharmadhikari Committee is for –
• What is Call Money?
• Central Depository Services Limited is promoted by which of the following:
• Which of the following is a stock that includes an option for the holder to  convert the preferred shares into a fixed number of common shares, usually an...
• AIIB stands for ______________
• GDR and ADRs are non-negotiable
• A company cannot issue FPO before the issue of IPO
• Capital market helps in ownership distribution
• Global Depositary Receipt (GDR) and American Depositary Receipt (ADR) are traded on exchanges in India 
• Government issues equity instruments in primary market
• IRF and FRA are over the counter (OTC) instruments to cover interest rate risks
• In case of Forward Rate Agreement there is an exchange of interest rate 
• CRISIL is India’s first credit rating agency
• Standard and Poor’s rating for India is now BBB-
• Rating agencies are registered with RBI
• A collateralized borrowing and lending obligation (CBLO) is a money market instrument that represents an obligation between a borrower and a lender as to t...
• A bank can issue Certificate of Deposit of maturity of 1 day to one year
• Demand Bills are payable at sight 
• Call money market is primarily an inter-bank market 
• Banks are not required to maintain CRR for the funds raised through CDs (certificate of deposits)
• Usance Bill don’t have a definite time period for the payment of sales proceeds
• Primary Dealers are members of FIMMDA
• Ways and Means Advance (WMA) was introduced in 1992 after the recommendation of the committee on financial sector reforms 
• Limits in WMA is mutually decided by GOI and RBI as per the requirement 
• Zero coupon bonds yield zero interest
• Commercial Paper (CP) is a zero-coupon security, the face value of which is payable at the maturity 
• Corporate cannot issue Commercial Papers
• Primary dealers buy G-Sec directly from the RBI and has no role in the secondary market for G-sec 
• Sensex also called as BSE 30, is the market index consisting of 30 well-established and financially sound companies listed on Bombay Stock Exchange (BSE)&n...
• Price Earnings Ratio (PE ratio) of Indian market is high because of the growth potential in the market 
• The base year of Sensex is 1978-79 and the base value is 100 
• SEBI regulates Money market and RBI regulates capital market
• Share of service sector is increasing in the Indian economy
• Macroeconomic stability is very important for development of financial markets 
• Which of the following statements is correct? A.      Right issues are privilege given to existing shareholders to buy the common ...
• Which of the following statements is correct? A.      Preferential shares are subordinate to debt B.     ...