Q1.
The Fixed Income Money Market and Derivatives Association of India (FIMMDA) was established in:
Q2.
The minimum notional principal amount of Rupee Interest Rate Swap for which market makers will stand committed to their two-way quote is ___________.
Q3.
Currently the trading hours for foreign exchange is from __________ to ___________.
Q4.
(I) The Day count Fraction applicable to all INR interest rate swap transitions shall be Actual/365 Fixed.
(II) FIMMDA is a Self Regulatory Organization for the debt markets.
Q5.
It is expected that the minimum notional principal amount of Forward Rate Agreement for which market makers will stand committed to their two-way quote is _________.
Q6.
Notice Money is a money market instrument, where the tenor is more than ______ day but less than ______ days.
Q7.
(I) Money lent for a fixed tenor of 15 days or more is called Term Money.
(II) No loan/overdraft can be granted against Term Money.
Q8.
In Bill Rediscounting Scheme (BRD), Rediscount of bills should be for a minimum period of _______ days and for a maximum period of ________ days.
Q9.
(I) An oral confirmation is essential in respect of deals entered in the NDS.
(II) Certificate of Deposit (CD) is a short term unsecured promissory note issued for a specified amount and maturing on a specified date.
Q10.
The lot size of Dated Government Securities should be in the multiples of ___________.
Q11.
(I) Interest of Dated Government Securities is to be calculated on a 30/360 day basis.
(II) The discount of Bill Rediscounting Scheme (BRD) to be calculated on a rear-ended basis.
Q12.
(I) Under a reverse repo transaction, a holder of securities sells them to an investor with an agreement to repurchase at a predetermined date and rate.
(II) Currently repo can be done in Government Securities and Treasury Bills only.
Q13.
Unwinding of a swap will be done by:
Q14.
A CD is issued as a Usance Promissory Note for funds deposited at a bank or other eligible financial institution for a specified time period.
Q15.
(I) Interest of Term Money is to be calculated on 30/360 day basis.
(II) Interest of Term Money payable is to be rounded off to the nearest rupee.
Q16.
Who is responsible for the market for repo/reverse repo transactions in corporate debt?
Q17.
Commercial Paper is issued by Corporates, FIs and PDs and has a maturity of ______ days to _________ .
Q18.
(I) Discount of CP is to be calculated on a rear-ended basis.
(II) Discount of CD is calculated on Actual/365 day basis.
Q19.
The maturity of Treasury Bills are less than 1 year.
Q20.
(I) In a reverse repo, securities are bought with a simultaneous commitment to resell.
(II) Interest of Bonds and Debentures to be calculated on 30/360 day basis.
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