NISM MERCHANT BANKING - 9
NISM MERCHANT BANKING
Mock Test with Answer key - Click Here >>
Q 1. Green Shoe Option is a price stabilizing mechanism in which shares are issued in excess of the issue size, by a maximum of ____
15%
20%
25%
27.50%
Q 2. _________ is a market for short term funds
Stock Market
Currency Market
Money Market
All of the above
Q 3. For a public issue to be successful, the minimum subscription to be received in an issue shall not be less than ______ of the offer through offer document
85%
90%
95%
99%
Q 4. Every merchant banker shall submit to SEBI complete particulars of any transaction for acquisition of securities of any Body Corporate whose issue is being managed by that merchant banker within ______ from the date of entering into such transaction
15 days
20 days
25 days
30 days
Q 5. As per SEBI ICDR Regulations, the issuer company making a public issue or a rights issue, where the aggregate value of the specified securities offered is Rupees ______ or more, shall do so only when the draft offer document along with fees have been
25 lakh
50 lakh
75 lakh
1 crore
Q 6. Regulation _____ of the SEBI ICDR Regulations provides the details of the documents which are require d to be submitted to SEBI before the opening of the issue
5
6
7
8
Q 7. __________ means an arrangement provided by the issuer under which a person offers to purchase specified securities from the original resident retail individual allottees at the issue price
ASBA
Green Shoe Option
Safety net arrangement
Soft Underwriting
Q 8. Which act provides cases which are exempt from the obligation to make an open offer?
Companies Act 2013
The SEBI (Merchant Bankers) Regulations, 1992
SEBI (Substantial Acquisition of Shares and Takeovers - SAST) Regulations, 2011
Depositories Act, 1996
Q 9. In India, the Government securities are issued by the __________
central government
state government
semi-government authorities
All of the above
Q 10. No advertisement shall be issued giving any impression that the issue has been fully subscribed or oversubscribed during the period the issue is open for subscription State whether True or False
True
False
Q 11. Can semi-government authorities issue Government securities ? - State Yes or No
Yes
No
Q 12. Offer Document is called _________ in case of a public issue or offer for sale
Prospectus
Letter of Intent
Company Information Document
None of the above
Q 13. A company has changed its name and now wants to make an Initial Public Offer What are the SEBI regulations with respect to the minimum percentage of revenue it should have earned in the preceding one year from the activity indicated in the new name?
At least 30% of the revenue for the preceding one full year should have been earned by it from the activity indicated by its new name
At least 50% of the revenue for the preceding one full year should have been earned by it from the activity indicated by its new name
At least 60% of the revenue for the preceding one full year should have been earned by it from the activity indicated by its new name
At least 75% of the revenue for the preceding one full year should have been earned by it from the activity indicated by its new name
Q 14. Which of these activities require an appointment of a merchant banker for managing the offer?
Merger of two companies
Amalgamation of two companies
Incorporation of a new company
Acquisition of a listed company
Q 15. The Registrar and Transfer agent (Ramp;T agent) of a company appoints the printers who are engaged in bulk printing of the offer document and application forms - State True or False ?
True
False