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Merchant Banking Certification Free Demo Test 7

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Merchant Banking Certification Free Demo Test 7

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1.

A Qualified Institutional Buyer (QIB) is _________.

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2. An announcement regarding the closure of the issue should be made only after the lead merchant banker is satisfied that at least ______ of the offer through the offer document has been subscribed, and a certificate regarding that has been obtained from the registrar to the issue.

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3.

The issuer and the merchant banker shall ensure that the security created to secure the debt securities is adequate to ensure ________ asset cover for the debt securities.

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4.

The primary aim of the __________ is to consolidate and amend the law related to foreign exchange with the objective of facilitating external trade and payments.

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5. The _______ is the market where existing securities are bought and sold among traders and investors.

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6.

True or False: During the due diligence process, the Lead Manager and the issuer are assisted by external parties such as legal counsels, statutory auditors, and specialized industry experts.

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7.

The SEBI (Merchant Bankers) Regulations, 1992 stipulate that an application for registration as a Merchant Banker made under this regulation shall be accompanied by a non-refundable application fee of ________ and can be made only for Category I Merchant Banker.

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8. A company needs to have a minimum paid up capital of Rs 10 crore to list on BSE and Rs 20 crore to list on NSE – State whether True or False ?

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9.

Who has been granted statutory exclusivity in managing public offers by SEBI?

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10.

After a public issue, ______ is required to oversee and monitor the resolution of investor grievances.

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