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Stock Exchange Settlement Cycle and KRA Quiz
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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</p> Signup and view all the answers

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

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

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

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

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

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

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

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

    Why would a PAN card be rejected?

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

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

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

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

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

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

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

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

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

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