All Courses
Get the App Signup / Login
Sign in Open App
B Com Exam  >  B Com Tests  >  Interdisciplinary Issues in Indian Commerce  >  Test: Stock Exchange in India - 2 - B Com MCQ

Test: Stock Exchange in India - 2 - B Com MCQ


Test Description

10 Questions MCQ Test Interdisciplinary Issues in Indian Commerce - Test: Stock Exchange in India - 2

Test: Stock Exchange in India - 2 for B Com 2024 is part of Interdisciplinary Issues in Indian Commerce preparation. The Test: Stock Exchange in India - 2 questions and answers have been prepared according to the B Com exam syllabus.The Test: Stock Exchange in India - 2 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Stock Exchange in India - 2 below.
Solutions of Test: Stock Exchange in India - 2 questions in English are available as part of our Interdisciplinary Issues in Indian Commerce for B Com & Test: Stock Exchange in India - 2 solutions in Hindi for Interdisciplinary Issues in Indian Commerce course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Stock Exchange in India - 2 | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study Interdisciplinary Issues in Indian Commerce for B Com Exam | Download free PDF with solutions
Test: Stock Exchange in India - 2 - Question 1
Save

What is the primary function of a stock exchange?

Detailed Solution for Test: Stock Exchange in India - 2 - Question 1
The correct answer is Option C. The primary function of a stock exchange is to mobilize savings and make them available for investment. Stock exchanges provide a platform where individuals and institutions can buy and sell securities, allowing for the efficient allocation of capital and investment opportunities.
Test: Stock Exchange in India - 2 - Question 2
Save

Which of the following statements about the Multi Commodity Exchange (MCX) is true?

Detailed Solution for Test: Stock Exchange in India - 2 - Question 2
The correct answer is Option A. MCX primarily deals in hard commodities like precious metals (e.g., gold and silver), non-ferrous metals, energy commodities (e.g., crude oil and natural gas), and some agricultural commodities. It is not headquartered in Chennai; its main office is in Mumbai. The Forward Markets Commission (FMC) merged with the Securities and Exchange Board of India (SEBI) in 2015, making SEBI the regulatory authority for MCX.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Stock Exchange in India - 2 - Question 3
Save

What is the primary role of the Trading and Surveillance department in MCX?

Detailed Solution for Test: Stock Exchange in India - 2 - Question 3
The correct answer is Option B. The primary role of the Trading and Surveillance department in MCX is to monitor and execute orders in real-time. It ensures that trading activities on the exchange are conducted smoothly, and it tracks market movements and order execution to maintain market integrity.
Test: Stock Exchange in India - 2 - Question 4
Save
Which category of membership is NOT mentioned as part of MCX membership options?
Detailed Solution for Test: Stock Exchange in India - 2 - Question 4
The correct answer is Option C. The text does not mention individual investors as a category of membership in MCX. The other options represent different types of membership available on MCX.
Test: Stock Exchange in India - 2 - Question 5
Save
What is the main objective of the Securities Exchange Board of India (SEBI)?
Detailed Solution for Test: Stock Exchange in India - 2 - Question 5
The correct answer is Option C. The main objective of SEBI is to protect the rights of investors and ensure the safety of their investments in financial markets. SEBI regulates various aspects of the securities and commodity markets in India to promote fairness, transparency, and investor confidence.
Test: Stock Exchange in India - 2 - Question 6
Save
What types of commodities are primarily traded on MCX?
Detailed Solution for Test: Stock Exchange in India - 2 - Question 6
The correct answer is Option B. MCX primarily offers futures trading in commodities, including precious metals (e.g., gold and silver), base metals (e.g., copper and aluminum), energy commodities (e.g., crude oil and natural gas), and agricultural commodities (e.g., cotton and cardamom).
Test: Stock Exchange in India - 2 - Question 7
Save
What is the primary role of the Clearing and Settlement department in MCX?
Detailed Solution for Test: Stock Exchange in India - 2 - Question 7
The correct answer is Option C. The primary role of the Clearing and Settlement department in MCX is to manage the clearing and settlement of transactions. This department ensures that contracts are settled correctly, margins are maintained, and delivery obligations are met.
Test: Stock Exchange in India - 2 - Question 8
Save
What does MCX primarily offer futures trading in?
Detailed Solution for Test: Stock Exchange in India - 2 - Question 8
The correct answer is Option B. MCX primarily offers futures trading in commodities such as precious metals (e.g., gold and silver) and energy commodities (e.g., crude oil and natural gas). While it includes agricultural commodities, it is not limited to them.
Test: Stock Exchange in India - 2 - Question 9
Save
What is the main purpose of a stock exchange?
Detailed Solution for Test: Stock Exchange in India - 2 - Question 9
The correct answer is Option C. The main purpose of a stock exchange is to mobilize savings and make them available for investment. Stock exchanges provide a platform for buying and selling securities, allowing individuals and institutions to invest their savings in various financial instruments.
Test: Stock Exchange in India - 2 - Question 10
Save
Which department in MCX is responsible for facilitating the delivery of commodities?
Detailed Solution for Test: Stock Exchange in India - 2 - Question 10
The correct answer is Option C. The Delivery and Warehousing department in MCX is responsible for facilitating the delivery of commodities. This department handles the storage and delivery of physical commodities associated with futures contracts on the exchange.
49 videos|45 docs|14 tests
Join Course
Information about Test: Stock Exchange in India - 2 Page
In this test you can find the Exam questions for Test: Stock Exchange in India - 2 solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Stock Exchange in India - 2, EduRev gives you an ample number of Online tests for practice
Download as PDF

Important Questions for Stock Exchange in India - 2

Find all the important questions for Stock Exchange in India - 2 at EduRev.Get fully prepared for Stock Exchange in India - 2 with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Stock Exchange in India - 2 syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Stock Exchange in India - 2 resources.

Stock Exchange in India - 2 MCQs with Answers

Prepare for the Stock Exchange in India - 2 within the B Com exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Stock Exchange in India - 2 Interdisciplinary Issues in Indian Commerce

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Stock Exchange in India - 2 with ease. Join thousands of successful students who have benefited from our trusted online resources.
© EduRev
Education Revolution
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup