Sample Questions
NISM-Series-2A: Registrars and Transfer Agents (Corporate) Mock Tests — 5 random MCQs with answers & explanations
← Back to NISM-Series-2A: Registrars and Transfer Agents (Corporate) Mock TestsThese 5 questions are randomly selected (standard MCQs only, not case-based).
Q1 The database of distinctive numbers (DN) of equity shares of listed companies are created and maintained by ____________.(NISM workbook)
Explanation:
Depositories are required to create and maintain a database of distinctive numbers for equity shares of listed companies.
Marks: 1
Q2 The Beneficial Owner Master Register is updated based on information received from the ______.
Explanation:
Depositories provide beneficial owner data to the R&T agent for updating records.
Marks: 1
Q3 Companies must follow the regulations issued by stock exchanges for issuing capital. Is this correct?
Explanation:
Companies must follow SEBI regulations for issuing capital, not the stock exchanges.
Marks: 1
Q4 What does ASBA stand for in IPO applications?
Explanation:
ASBA blocks application money in an investor’s bank account until shares are allotted.
Marks: 1
Q5 Compared with physical trading, transaction costs in demat trading are generally ______.
Explanation:
Demat trading reduces paperwork and processing costs, making transactions cheaper.
Marks: 1
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