Stock Exchange Settlement Cycle and KRA Quiz

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Questions and Answers

What is the final step to activate the account according to the text?

  • Uploading bank proof documents
  • Allowing to fetch documents from Digilocker
  • Reviewing and proceeding to Esign/Physical Mode (correct)
  • Verifying bank details

What is required for Autofetch of statement to take place?

  • Entering any phone number linked to bank account (correct)
  • Selecting the bank to link
  • Uploading bank proof documents
  • Joint account acceptance

What is the purpose of verifying bank details in the process?

  • To upload bank proof documents
  • To fetch documents from Digilocker
  • To proceed to Esign/Physical Mode
  • To activate the account (correct)

Which step involves the Rupee 1 credit from Samco according to the text?

<p>Reviewing and proceeding to Esign/Physical Mode (B)</p> Signup and view all the answers

What is the purpose of entering a mobile number in the process?

<p>To activate the account (C)</p> Signup and view all the answers

What is a valid proof of income according to the checklist provided?

<p>Salary Slip of the current month (D)</p> Signup and view all the answers

Which document is NOT considered valid for holding statement as income proof?

<p>DP Stamp (C)</p> Signup and view all the answers

What is a reason for document rejection mentioned in the text?

<p>Mismatch in client name on bank proof (B)</p> Signup and view all the answers

Which of the following is required for Form 16 as income proof?

<p>DP ID (B)</p> Signup and view all the answers

What type of bank proof is NOT mentioned in the checklist provided?

<p>Credit Card Statement (C)</p> Signup and view all the answers

Why would a PAN card be rejected?

<p>Older photograph on the card (A)</p> Signup and view all the answers

What is the purpose of Know Your Customer (KYC) standards?

<p>To prevent fraud, corruption, and money laundering (A)</p> Signup and view all the answers

What does the settlement cycle refer to in the context of trading?

<p>The process of transferring shares from seller to buyer (A)</p> Signup and view all the answers

Which agency is responsible for maintaining KYC records of investors centrally on behalf of SEBI-registered intermediaries?

<p>KYC Registration Agency (KRA) (B)</p> Signup and view all the answers

What type of account allows investors to hold their shares in an electronic form?

<p>Demat Account (C)</p> Signup and view all the answers

In the context of commodity trading, what does a Commodity Account refer to?

<p>An account used for free buying and selling of goods (C)</p> Signup and view all the answers

What role does the Exchange play in the context of share transfers?

<p>It collects shares from sellers and transfers them to buyers (A)</p> Signup and view all the answers

What are some essential elements for understanding market dynamics and option sensitivities?

<p>Delta, theta, gamma, and vega (A)</p> Signup and view all the answers

What does GTT OCO stand for in the context of investment?

<p>Good-Till-Triggered One-Cancels-Other (D)</p> Signup and view all the answers

How many orders can be placed in a single click with a Basket order?

<p>50 orders (A)</p> Signup and view all the answers

What is the final step after completing the account opening form for Samco?

<p>Receive official confirmation from Samco (B)</p> Signup and view all the answers

What document is NOT required for attaching with the account opening form?

<p>Driving License (B)</p> Signup and view all the answers

Which step comes after filling out the account opening form for Samco?

<p>Attach the required documents (A)</p> Signup and view all the answers

What is the purpose of the 'Event Calendar' feature mentioned in the text?

<p>To view upcoming corporate actions of companies (B)</p> Signup and view all the answers

What type of recommendations does the Research team provide according to the text?

<p>Recommendations for short-term and long-term trading across different instruments (C)</p> Signup and view all the answers

What does the 'Options Greeks' feature help traders calculate?

<p>The sensitivity of an options contract price to various factors (B)</p> Signup and view all the answers

Which feature helps advanced traders categorize stocks and indices into different categories like long build up and short covering?

<p>Future open interest analytics tab (A)</p> Signup and view all the answers

What is the main benefit of comparing your index with star fund managers as mentioned in the text?

<p>To gain insights from successful fund managers (C)</p> Signup and view all the answers

What can users do with the 'Fii Dii tab' feature according to the text?

<p>Analyze institutional investing trends (A)</p> Signup and view all the answers

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