NBSE Class 12 Question Paper 2021 for Financial Markets Management

Total number of printed pages: 2 NB/XII/FMM/1 2021 FINANCIAL MARKETS MANAGEMENT Marks: 70 Time: 3 hours General instructions: i) Approximately 15 minutes is allotted to read the question paper and revise the answers. ii) The question paper consists of 24 questions. All questions are compulsory. iii) Marks are indicated against each question. iv) Internal choice has been provided in some questions. N.B: Check that all pages of the question paper is complete as indicated on the top left side. 1. What is an index? 1 2. What is turnover ratio? 1 3. Who is a stock broker? 1 4. What is activity log? 1 5. Define snap quote. 1 6. What is rolling settlement? 1 7. Define impact cost. 1 8. When did NSE commenced derivative trading? 1 9. State the two segments of the securities market. 2 10. Mention any two special features of outstanding orders. 2 11. What is Wireless Application Protocol? 2 12. Differentiate between pay-in and pay-out day. 2 13. Write four settlement agencies. 2 14. Highlight the benefits of the trading members of NSE. 4 15. State any four special features of order status. 4

-2- NB/XII/FMM/1 16. Explain any four different order books in the NEAT system. 4 17. Discuss the core process involved in the settlement. 4 18. Discuss any four points of the securities settlement. 4 19. Explain any four reasons of popularity of index derivatives. 4 20. Write four differences between forwards and futures. 4 21. a. Explain any six documents required for cancellation of registration for trading member/ sub-broker. Or 6 b. Explain the consequences of expulsion of a trading member. 22. a. Explain the market phases of trading system. Or 6 b. Explain the regular lot matching. 23. a. Explain any six salient features of ‘Direct payout’ to investors. Or 6 b. State any six levy of margin for institutional deals. 24. a. Explain any six futures terminologies. Or 6 b. Explain the two types of risks in investment with an example. *************************