Sample Questions
NISM-Series-9: Merchant Banking Mock Tests — 5 random MCQs with answers & explanations
← Back to NISM-Series-9: Merchant Banking Mock TestsThese 5 questions are randomly selected (standard MCQs only, not case-based).
Q1 What is an "Option Writer"?
Explanation:
Writers (sellers) of options receive a fee but must fulfill the contract if the buyer chooses to use it.
Marks: 1
Q2 How much is the fee for a merchant banker with permanent registration to keep their registration active every three years?
Explanation:
To maintain their registration, merchant bankers must pay a fee of nine lakh rupees every three years starting from the sixth year of their initial registration.
Marks: 1
Q3 How long is the "Bidding Period" for an IPO typically open?
Explanation:
An IPO is usually open for a few days to give everyone a chance to submit their applications.
Marks: 1
Q4 What is "Dematerialized" (Demat) trading?
Explanation:
Digital trading is faster and eliminates the risk of losing or damaging paper shares.
Marks: 1
Q5 When deciding on the record date for a rights issue, whom must the company consult?
Explanation:
While the price of a rights issue is decided with the lead manager, the official record date is determined by consulting the designated stock exchange.
Marks: 1
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