Series HEFG Set-4

àíZ-nÌ H$moS>
Q.P. Code 329
amob Z§.
Roll No.

{dÎmr` ~mµOma à~§YZ

FINANCIAL MARKETS MANAGEMENT
:3 : 60
Time allowed : 3 hours Maximum Marks : 60

H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 15 h¢ &

àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE àíZ-nÌ H$moS H$mo narjmWu CÎma-nwpñVH$m Ho$
_wI-n¥>ð> na {bI| &
H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >24 àíZ h¢ &
H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$
Adí` {bI| &
Bg àíZ-nÌ 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db
àíZ- -nwpñVH$m na H$moB© CÎma Zht {bI|Jo &

Please check that this question paper contains 15 printed pages.

Q.P. Code given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
Please check that this question paper contains 24 questions.
Please write down the serial number of the question in the
answer-book before attempting it.
15 minute time has been allotted to read this question paper. The
question paper will be distributed at 10.15 a.m. From 10.15 a.m. to
10.30 a.m., the students will read the question paper only and will not
write any answer on the answer-book during this period.
*
329 Page 1 of 15 P.T.O.
 :

(i)

(ii) 24 :

(iii)

(iv) (6 + 18) = 24 3
(6 + 11) = 17

(v)

(vi) : 30 :
(a) 6
(b)
(c)
(d) /

(vii) : 30 :
(a) 18
(b) 11
(c)
(d) /

IÊS> H$ $
(dñVw{ZîR> àíZ) (30 A§H$)

1. amoµOJma H$m¡eb na {XE JE 6 àíZm| _| go {H$Ýht 4 àíZm| Ho$ CÎma Xr{OE & 4 1=4

(i) {ZåZ{b{IV _| go H$m¡Z-gm A{^àoaUm Am¡a A§V:àoaUm H$m òmoV h¡ ?

(a) ~S>o gnZo XoIZm > (b) {dñV¥V {dMma
(c) dV©_mZ _| OrZm (d) à^md-eyÝ`Vm

329 Page 2 of 15
General Instructions :
(i) Please read the instructions carefully.

(ii) This question paper consists of 24 questions in two Sections : Section A

and Section B.

(iii) Section A has Objective type questions whereas Section B contains

Subjective type questions.

(iv) Out of the given (6 + 18) = 24 questions, a candidate has to answer

(6 + 11) = 17 questions in the allotted (maximum) time of 3 hours.

(v) All questions of a particular section must be attempted in the correct

order.
(vi) Section A : Objective Type Questions (30 marks) :
(a) This section has 6 questions.
(b) There is no negative marking.
(c) Do as per the instructions given.
(d) Marks allotted are mentioned against each question/part.
(vii) Section B : Subjective Type Questions (30 marks) :
(a) This section has 18 questions.
(b) A candidate has to do 11 questions.
(c) Do as per the instructions given.
(d) Marks allotted are mentioned against each question/part.

Section A
(Objective Type Questions) (30 Marks)

1. Answer any 4 questions out of the given 6 questions on employability

skills. 4 1=4

(i) Which of the following is not a source of motivation and inspiration ?

(a) Dreaming big (b) Expansive thoughts
(c) Living in the present (d) Ineffectiveness
329 Page 3 of 15 P.T.O.
 (ii) {dhmZ ~ohX Zd©g Am¡a qM{VV _hgyg
bmoJ Cgo ng§X Zht H$aVo h¢ & {dhmZ H$mo H$m¡Z-gm ì`{º$Ëd {dH$ma h¡ ?
(a) gr_m-aoIm (b) n[ahma
(c) ì`m_mohm^ (n¡amZm°`S>) (d) Am{lV
(iii) Z¡Zm EH$ H$m`©nwpñVH$m na Hw$N> N>mÌm| Ho$ Zm_ Am¡a A§H$ XO© H$aVr h¡, bo{H$Z A~
dh \$m°ÝQ H$m AmH$ma MmhVr h¡ & BgHo$ {bE dh {H$g \$m°ÝQ> H$m AmH$ma
~Xb gH$Vr h¡ ?
(a) Zm_ (b) A§H$
(c) (a) VWm$ (b) XmoZm| (d) H«$_ g§»`m$
(iv) AmonZAm°{\$g H¡$ëH$ _| g^r gyÌ, _________ Ho$ gmW ewê$ hmoVo h¢ &
(a) ~am~a (=) (b) ( )
(c) `moJ H$m (+) (d) (>)

(v) CÚ_r j_Vm `m bjU _| em{_b h¡ :

(a) à{V~ÕVm (b) AZwHy$bZerbVm
(c) Q>r_ {Z_m©U (d) A{V AmË_{dídmg
(vi) {ZåZ{b{IV _| go H$m¡Z-gm ghm`H$ H$mamo~mar n`m©daU h¡ ?
(a) ì`dgm`r g_yhZ
(b) ^«îQ>mMma
(c) EH$b {ISH$s> {ZJ©_
(d) Kyg

2. {XE JE 7 àíZm| _| go {H$Ýht 5 àíZm| Ho$ CÎma Xr{OE & 5 1=5

(i) {H$g ~mµOma I§S> _| dma§Q> H$m H$mamo~ma hmoVm h¡ ?
(a) dm`Xm Am¡a {dH$ën (E\$ E§S Amo)
(b) _wÐm ì`wËnÞ (S>o[ado{Q>d) I§S> (gr.S>r.Eg.)
(c) WmoH$ G$U ~mµOma (S>ãë`y.S>r.E_.) I§S>
(d) ny±Or ~mµOma I§S>
(ii) {ddmX H$s CËn{Îm H$s VmarI go {H$VZo _hrZm| Ho$ A§Xa, _Ü`ñWVm Ho$ {bE g§X^©
Xm`a {H$`m OmZm Mm{hE ?
(a) 3 _hrZo (b) 6 _hrZo
(c) 9 _hrZo (d) 12 _hrZo
329 Page 4 of 15
 (ii) Vihan feels extremely nervous and worried because he believes that
other people do not like him. Which personality disorder does Vihan
have ?
(a) Borderline (b) Avoidant
(c) Paranoid (d) Dependent
(iii) Naina enters the names and marks of some students on a workbook,
but now she wants to .W
she change for this ?
(a) Names (b) Marks
(c) Both (a) and (b) (d) Serial number
(iv) All formulae in OpenOffice Calc begin with _________.
(a) An equal to (=) sign (b) A minus ( ) sign
(c) A plus (+) sign (d) Greater than (>) sign
(v) Entrepreneurial competence or traits do not include :
(a) Commitment (b) Adaptability
(c) Team building (d) Over confidence
(vi) Which of the following is a supportive business environment ?
(a) Cartelization
(b) Corruption
(c) Single window clearance
(d) Bribery

2. Answer any 5 out of the given 7 questions. 5 1=5

(i) In which market segment are warrants traded ?
(a) Futures and Options (F&O)
(b) Currency Derivatives Segment (CDS)
(c) Wholesale Debt Market (WDM) Segment
(d) Capital Market Segment
(ii) Within how many months from the date of origin of the dispute
should the reference for arbitration be filed ?
(a) 3 months (b) 6 months
(c) 9 months (d) 12 months
329 Page 5 of 15 P.T.O.
 (iii) {ZåZ{b{IV _| go H$m¡Z-gm {Zb§~Z H$m n[aUm_ h¡ ?
(a) H$m`m©b` Imbr H$aZm
(b) ì`mnm[aH$ gXñ` {ZîH$m{gV ì`mnm[aH$ gXñ` Ho$ gmW ì`dhma Zht H$a|Jo
(c) AZmX[aV MoH$
(d) gXñ`Vm A{YH$mam| H$m {Zb§~Z
(iv) EH${ÌV _m{O©Z {H$gHo$ ImVo _| AbJ go aIm OmVm h¡ ?
(a) J«mhH$ ~¢H$ ImVm (b) EO|Q> ~¢H$ ImVm
(c) go~r ImVm (d) Ama.~r.AmB©. ImVm

(v) _________ EH$ J«mhH$ H$mo 24 K§Q>m| Ho$ ^rVa Omar {H$`m OmVm h¡ Am¡a Cg na Q>´qo S>J
gXñ` `m CgHo$ A{YH¥$V hñVmjaH$Vm© Ûmam hñVmja {H$E OmZo Mm{hE &
(a) J«mhH$ ZmoQ> (b) AZw~§Y ZmoQ>
(c) ~¢H$ ZmoQ> (d) dMZ nÌ
(vi) {dkmnZ H$s EH$ à{V BgHo$ Omar hmoZo go H$_-go-H$_
àñVwV H$s OmZr Mm{hE ?
(vii) AmB©.E\$.Eg.S>r. H$m nyU© ê$n ?

3. {XE JE 7 àíZm| _| go {H$Ýht 6 àíZm| Ho$ CÎma Xr{OE & 6 1=6

(i) `mo½` gr_m AmXoe H$m {_bmZ _________ Ho$ gmW {H$`m OmVm h¡ &
(a) {dH«o$Vm AmXoe (b) ~mµOma AmXoe
(c) `mo½` AmXoe (d) J«mhH$ AmXoe
(ii) ñZ¡n H$moQ> H$s H$moB© EH$ {deofVm {b{IE &
(iii) Am°S>©a H$s pñW{V (OS) H$m CÔoí` {b{IE &
(iv) _mH}$Q> _yd_|Q> ñH«$sZ Cn`moJH$Vm© H$mo H$m¡Z-gr OmZH$mar àXmZ H$aVr h¡ ?
(a) Mmby {XZ à{V^y{V H$s Mmb
(b) {nN>bo {XZ à{V^y{V H$s Mmb
(c) Xmo {XZ nyd© à{V^y{V H$s Mmb
(d) VrZ {XZ nyd© à{V^y{V H$s Mmb
(v) _mH}$Q> \o$O Ho$ Cg gÌ H$m Zm_ {b{IE {Og_| `yOa _mH}$Q> dm°M goQ> H$a gH$Vm h¡ &
(a) Mmby gÌ (b) Iwbm gÌ
(c) ~§X gÌ (d) ~mµOma dm°M gÌ

329 Page 6 of 15
 (iii) Which of the following is a consequence of suspension ?
(a) Vacating office
(b) Trading members not to deal with expelled trading member
(c) Dishonoured cheque
(d) Suspension of membership rights
(iv) The collected margin is kept separately in whose account ?
(a) Client Bank Account (b) Agent Bank Account
(c) SEBI Account (d) RBI Account
(v) ___________ is issued to a client within 24 hours and should be
signed by the trading member or by an authorized signatory of the
trading member.
(a) Client note (b) Contract note
(c) Bank note (d) Promissory note
(vi) A copy of the advertisement should be submitted to the Exchange at
least how many days before its issue ?
(vii) What is the full form of IFSD ?
3. Answer any 6 out of the given 7 questions. 6 1=6
(i) Eligible limit orders are matched with ___________.
(a) Seller order (b) Market order
(c) Eligible order (d) Client order
(ii) Write any one feature of Snap Quote .
(iii) Write the purpose of the Order Status (OS) .
(iv) What information does market movement screen provide to the
user ?
(a) Movement of security on a current day
(b) Movement of security on a previous day
(c) Movement of security two days earlier
(d) Movement of security three days earlier
(v)
set up market watch ?
(a) Current session (b) Open session
(c) Closed session (d) Market watch session
329 Page 7 of 15 P.T.O.
 (vi) ?
(vii) H«$` AmXoe Ho$ {bE ?
(a) {_bmZ (_¡M) (b) J«mhH$
(c) _mÌm (d) à{V^y{V
4. {XE JE 6 àíZm| _| go {H$Ýht 5 àíZm| Ho$ CÎma Xr{OE & 5 1=5
(i) \§$S> no-AmCQ H$mo> n[a^m{fV H$s{OE &
(ii) H$_ {dVaU (em°Q>© {S>brdar) h¢ ?
(iii) H§$nZr H$s Amn{Îm Ho$ _m_bo _________ Ho$ ê$n _| [anmoQ>© {H$E OmVo h¢ &
(a) Iam~ {S>brdar (b) em°Q>© {S>brdar
(c) AZ- \$mBS> {S>brdar (d) {S>brdar
(iv) `{X AmB©.Eg.AmB©.EZ. _|, "01' H$moS> Am~§{Q>V {H$`m J`m h¡,
?
(a) å`wMwAb \§$S> (b) g_Vm A§e
(c) (a) Am¡a (b) XmoZm| (d) nydm©{YH$ma A§e
(v) gr{_V ^m¡{VH$ ~mµOma gm¡Xm| Ho$ {bE, {S>brdar XoZo _| {d\$bVm Ho$ _m_bo _| :
dmñV{dH$ ì`mnma _yë` go _________ A{YH$ na &
(a) 10% (b) 15%
(c) 20% (d) 25%
(vi) h¢ ?

5. {XE JE 6 àíZm| _| go {H$Ýht 5 àíZm| Ho$ CÎma Xr{OE & 5 1=5

(i) _________ EH$ BH$mB© hmoVr h¡ Ohm± EH$ {ZdoeH$ H$s à{V^y{V`m± ê$n _|
aIr OmVr h¢ &
(a) g§ajH$ (b) {S>nm°{OQ>ar
(c) (d) ~¢H$

(ii) A{^XÎm ny±Or _________ Ho$ ~am~a h¡ &

(a) AmdoXH$m| Ûmam ñdrH¥$V H$s JB© {ZJ©{_V ny±Or
(b) àXÎm ny±Or
(c) `m{MV ny±Or
(d) A{YH¥$V ny±Or
329 Page 8 of 15
 (vi) What is the purpose of previous trades ?
(vii)
(a) Match (b) Client
(c) Quantity (d) Security

4. Answer any 5 out of the given 6 questions. 5 1=5

(i) Define Funds Pay-out.
(ii) What is meant by Short Delivery ?
(iii) Company Objection Cases are reported as __________ .
(a) Bad Delivery (b) Short Delivery
(c) Un-rectified Delivery (d) Delivery
(iv)
type ?
(a) Mutual fund (b) Equity shares
(c) Both (a) and (b) (d) Preference shares
(v) For limited physical market deals, in case of failure to give delivery :
At ___________ over the actual trade price.
(a) 10% (b) 15%
(c) 20% (d) 25%
(vi) What do you understand by Issuer ?

5. Answer any 5 out of the given 6 questions. 5 1=5

(i) ___________ is an entity where the securities of an investor are held
in electronic form.
(a) Custodian (b) Depository
(c) Stock Exchange (d) Bank
(ii) Subscribed capital is same as _______.
(a) Issued capital that has been accepted by applicants
(b) Paid up capital
(c) Called up capital
(d) Authorised capital

329 Page 9 of 15 P.T.O.

 (iii) eo`aYmaH$ {Z{Y H$mo _________ Ho$ ê$n _| ^r OmZm OmVm h¡ &
(a) H$m`©erb ny±Or {Z{Y (b) ñdm{_Ëd {Z{Y
(c) pñW{V {ddaU {Z{Y (d) {Zdb g§n{Îm
(iv) AmO EH$ én`o Ho$ _yë` Am¡a ^{dî` _| EH$ én`o Ho$ _yë` Ho$ ~rM Ho$ g§~§Y H$mo
__________ Ho$ ê$n _| OmZm OmVm h¡ &
(a) _wÐm H$m g_` _yë` (b) dV©_mZ _yë`
(c) ~mµOma _yë` (d) g__yë`
(v) Mmby Xo`VmAm| Ho$ ^wJVmZ H$s VabVm `mo½`Vm h¡ :
(a) bKw Ad{Y (b) A{V-bKw Ad{Y
(c) XrKm©d{Y (d) _Ü`md{Y
(vi) G$U gån{Îm AZwnmV (S>oãQ->EogoQ> ao{e`mo) h¡ ?
6. {XE JE 6 àíZm| _| go {H$Ýht 5 àíZm| Ho$ CÎma Xr{OE & 5 1=5
(i) (NSE) Am°\$ B§{S>`m {b{_Q>oS> Zo
Ho$ gmW S>o[ado{Q>d _| Q>o´qS>J ewê$ H$s ?
(a) 2000 (b) 2001
(c) 2002 (d) 2003
(ii) H$m°b Am°ßeZ Ho$ IarXma Ho$ {bE ^wJVmZ Ho$ _m_bo _|, `{X ZH$X _yë` ñQ´>mBH$
_yë` go A{YH$ h¡, Vmo `h hmoJm :
(a) bm^ (b) hm{Z
(c) (a) Am¡a (b) XmoZm| (d) _yë`õmg
(iii) Am{~©Q´>¡O Ho$ Adga H$~ CËnÞ hmoVo h¢ ?
(iv) ¡?
(v) bm°ÝJ â`yMg© Ho$ _m_bo _| â`yMg ?
(a) D$na H$s Amoa g§^m{dV Agr{_V
(b) ZrMo H$s Amoa g§^m{dV Agr{_V
(c) (a) Am¡a (b) XmoZm|
(d) D$na H$s Amoa g§^m{dV gr{_V
(vi) â`yMg© _yë`-{ZYm©aU Ho$ {bE Cn`moJ {H$E OmZo dmbo H¡$ar _m°S>b H$s bmJV (H$m°ñQ>
Am°\$ H¡$ar) h¡ :
(a) F = SerT (b) F = SerN
(c) F = Sery (d) SeiC
329 Page 10 of 15
 (iii) fund is also known as ___________.
(a) Working Capital fund (b)
(c) Balance Sheet fund (d) Net worth
(iv) The relationship between value of a rupee today and value of a
rupee in the future is known as ________.
(a) Time value of money (b) Present value
(c) Market value (d) Face value
(v) Liquidity ability to pay current liabilities is :
(a) Short period (b) Very-short period
(c) Long period (d) Medium period
(vi) What is Debt-Asset Ratio ?

6. Answer any 5 out of the given 6 questions. 5 1=5

(i) In which year did the National Stock Exchange (NSE) of India
Limited commence trading in derivatives with index futures ?
(a) 2000 (b) 2001
(c) 2002 (d) 2003
(ii) In case of payoff for buyer of call option, if the spot price exceeds the
strike price it will be :
(a) Profit (b) Loss
(c) Both (a) and (b) (d) Depreciation
(iii) When do arbitrage opportunities arise ?
(iv) What is Maintenance Margin ?
(v) What will be the payoff for buyer of futures in case of long futures ?
(a) Potentially unlimited upside
(b) Potentially unlimited downside
(c) Both (a) and (b)
(d) Potentially limited upside
(vi) The cost of carry model used for pricing futures is :
(a) F = SerT (b) F = SerN
(c) F = Sery (d) SeiC
329 Page 11 of 15 P.T.O.
 IÊS> I $
({df`naH$ àíZ) (30 A§H$)
5 3
20 30 3 2=6

7. "ñd- ?

8. {ZåZ{b{IV _| go {H$Ýht gm_mÝ` ì`{º$Ëd {dH$mam| H$mo g_PmBE :

(H$) n[ahma
(I) Am{lV
(J) Agm_m{OH$
(K) ì`m_mohm^ (n¡amZm°`S>)
9. n§{º$`m± (amo) gpå_{bV H$aZo Ho$ MaU {b{IE &
10. CÚ_r XjVmAm| Ho$ {H$Ýht Xmo
11. Xb (Q>r_) ?

5 3 20 30 3 2=6

12. ~mµOma H$s J{V (_yd_|Q>) H$s {d{eîQ> {deofVmE± {b{IE &

13. {ZåZ{b{IV H$mo g§jon _| g_PmBE :

(H$) {S>nm°{OQ>ar
(I) g§ajH$
14. _yë`õm ? _yë`õmg bJmZo H$s {H$gr EH$ {d{Y H$mo g_PmBE &

15. â` H$s ì`m»`m H$s{OE &

16. bm^m§e Ano{jV hmoZo na ñQ>m°H$ â`yMg© Ho$ _yë`-{ZYm©aU Ho$ ~mao _| g§jon _| g_PmBE &
329 Page 12 of 15
 Section B
(Subjective Type Questions) (30 Marks)

Answer any 3 questions out of the given 5 questions on employability skills.

Answer each question in 20 30 words. 3 2=6

7. -

8. Explain any two common personality disorders from the following :

(a) Avoidant
(b) Dependent
(c) Antisocial
(d) Paranoid

9. Write the steps of inserting rows.

10. State any two benefits of Entrepreneurial competencies.

11. What do you understand by Team Building ?

Answer any 3 out of the given 5 questions in 20 30 words each. 3 2=6

12. Write the special features of market movement.

13. Explain the following in brief :

(a) Depositories
(b) Custodians

14. What is meant by Depreciation ? Explain any one method of charging

depreciation.

15. Explain Futures Contract.

16. Explain in brief about pricing stock futures when dividends are expected.

329 Page 13 of 15 P.T.O.

 3 2 30 50 2 3=6

17. ? EH$ CXmhaU g{hV g_PmBE &

18. {ÛVr`H$ ~mµOma (goH$ÊS>ar _mH}$Q>) _| ~m`-~¡H$ Am°\$ Q>óS> H$s AZw_{V H$~ Xr JB© ? BgHo$
CÔoí` {b{IE &

19. à{Vnj (H$m°CQ>a) ? BgHo$ KQ>H$m| H$mo g_PmBE &

5 3 50 80 3 4=12

20. {ZåZ{b{IV H$s g§jon _| ì`m»`m H$s{OE :

(H$) {ZdoeH$ godm H$j (gob)
(I) Am{~©Q´>¡eZ
21. ~mµOma gÌ Ho$ àmaå^ Am¡a àmaå^ nyd© (àr-AmonqZJ) MaUm| H$mo g_PmBE &

22. {ZnQ>mZ à{H«$`m _| em{_b _w»` à{H«$`mAm| H$mo g_PmBE &

23. \$m°adS>© Am¡a â`yMg© AZw~§Y Ho$ ~rM A§Va ñnîQ> H$s{OE &

24. g_Vm gyMH$m§H$ â`yMg© H$m _yë` H¡$go {ZYm©[aV {H$`m OmVm h¡ ? g_PmBE &

329 Page 14 of 15
Answer any 2 out of the given 3 questions in 30 50 words each. 2 3=6

17. What is Brokerage ? Explain with an example.

18. When was buy-back of trade permitted in the secondary market ? Write its
purpose.

19. What is counter party risk ? Explain its components.

Answer any 3 out of the given 5 questions in 50 80 words each. 3 4=12

20. Briefly explain the following :

(a) Investor Service Cell
(b) Arbitration

21. Explain opening and pre-opening session of market phases.

22. Explain the core processes involved in settlement process.

23. Distinguish between Forward and Futures Contract.

24. How is Equity Index Futures priced ? Explain.

329 Page 15 of 15 P.T.O.