Paper I: Securities Market
1. SEBI has to be responsive to the needs of which of the following:
a) The Investors
b) The Issuers of Securities
c) The Market Intermediaries
d) All of the above
e) None of these
Answer: Option (d)
2. SEBI conducts ______ and _______action in its executive function and it passes ruling and orders in its judicial capacity:
a) Efficient and Effective
b) Investigation and Enforcement
c) Regulation and Leadership
d) None of these
Answer: Option (b)
3. Which of the following term is incorrect:
a) Circuit Broker
b) Merchant Broker
c) Stabled Broker
d) None of these
Answer: Option (c)
4. Upendra Kumar Sinha joined as a chairman of SEBI since:
a) 10 February, 2011
b) 18 February, 2011
c) 17 February, 2011
d) None of these
Answer: Option (b)
5. Which trading individuals has SEBI decided to grant a unified license to operate in commodity derivative and equity markets?
a) Clearing Members
b) Brokers
c) NBFCs
d) Only a and b
e) All the above
Answer: Option (d)
Paper II: English (Writing Skills)
The paper on English shall be framed in a manner to assess the writing skills including expression and
understanding of the topic.
Paper III: Economic & Social Issues
1. Which of the following explains the term economic growth?
a) Increase in per capita production
b) Increase in per capita real income
c) structural change in the economy
d) all the above are right
Answer: Option (d)
2. Economic development is characterized by
a) Structural change in the economy
b) Change in the occupational structure
c) Both a and b
d) None of the above
Answer: Option (c)
3. Scarcity of capital, technological backwardness and unemployment are generally found in
a) Developed countries
b) Underdeveloped countries
c) Both
d) None of the above
Answer: Option (b)
4. Which of the following about strategy of balanced growth is right?
a) Simultaneous investment in all sectors
b) All sectors are independent.
c) Both
d) None
Answer: Option (a)
5. Which of the following factors would come under the term of ‘diversity’?
a) All of these
b) Socio-economic status
c) Gender
d) Cultural background
Answer: Option (a)
6. Which of the following terms is consistent with the definition ‘Integration is managed differently for different groups’?
a) Conformity
b) Integration
c) Assimilation
d) Multiculturalism
Answer: Option (d)
Paper III: Finance & Management
1. Which of the following does financial services industry consist of?
I. Telecommunication
II. Insurance
III. Fund Management
IV. Trusts
a) I and II
b) III and IV
c) I, II and III
d) II, III and IV
Answer: Option (d)
2. Liquidity status of a certificate of deposit which is more negotiable is considered as
a) certified liquidity
b) term liquidity
c) more liquid
d) less liquid
Answer: Option (c)
3. Commercial paper issued with low-interest rate thus commercial paper is categorized as
a) payables rating
b) commercial rating
c) poor credit rating
d) better credit rating
Answer: Option (d)
4. Maximum maturity days of holding commercial paper are
a) 170 days
b) 270 days
c) 120 days
d) 5 days
Answer: Option (b)
5. In borrowing and lending of federal funds, federal funds rate is result of function between
a) supply and demand
b) assets and liability
c) cost and marketing
d) income and expense
Answer: Option (a)