Teaching Business Studies Financial Market / वित्तीय बाजार Question Bank

done MCQ - Financial Market Total Questions - 76

• question_answer1)
  Financial market provides
  A)
   Long term funds                        done clear
  B)
   short term funds done clear
  C)
                      Guilt edge funds                         done clear
  D)
   Both (a) and (b) done clear
  View Solution play_arrow

• question_answer2)
  In the capital market, the term arbitrage is used with reference to
  A)
   Purchase of securities to cover the sale done clear
  B)
                      Sale of securities to reduce the loss on purchase done clear
  C)
                      Simultaneous purchase and sale of securities to make profits from price done clear
  D)
                      Variation in different markets done clear
  View Solution play_arrow

• question_answer3)
  As compared to capital markets, money markets
  A)
   Have smaller fluctuations in price done clear
  B)
                      Traded debt instruments with shorter terms done clear
  C)
                      Are usually more widely traded done clear
  D)
                      All of the above done clear
  View Solution play_arrow

• question_answer4)
  Which one of the following is emerged as a major instrument of monetary policy in the Indian economy?
  A)
   Liquidity adjustment facility done clear
  B)
                      Commercial papers done clear
  C)
                      Treasury bills done clear
  D)
                      None of the above done clear
  View Solution play_arrow

• question_answer5)
  Commercial paper can be issued
  A)
   By all corporates done clear
  B)
                      By all corporates with net worth of atleast ` 10 crore done clear
  C)
                      By all corporates with net worth of atleast ` 5 crore done clear
  D)
                      Can be issued only by banks done clear
  View Solution play_arrow

• question_answer6)
  Commercial bills market is a part of
  A)
   Organised money market done clear
  B)
                      Unorganised money market done clear
  C)
                      Stock market            done clear
  D)
                      Capital market done clear
  View Solution play_arrow

• question_answer7)
  Interest is usually paid on money market instruments
  A)
   At maturity                               done clear
  B)
   on request            done clear
  C)
                      Twice a year                             done clear
  D)
   annually done clear
  View Solution play_arrow

• question_answer8)
  Which of the following is not a money market instrument?
  A)
   Treasury bills done clear
  B)
                      Commercial paper done clear
  C)
                      Certificate of deposit done clear
  D)
                      Equity share done clear
  View Solution play_arrow

• question_answer9)
  Which of the following cannot issue a Commercial Paper?
  A)
   Companies done clear
  B)
                      Primary dealers done clear
  C)
                      Commercial banks done clear
  D)
                      All Indian financial institution done clear
  View Solution play_arrow

• question_answer10)
  Maximum period for which a commercial paper can be issued in
  A)
   3 months                                  done clear
  B)
   6 months done clear
  C)
                      1 year                                      done clear
  D)
   2 years done clear
  View Solution play_arrow

• question_answer11)
  Treasury bills means
  A)
   Salary bills drawn by government officials on the treasury done clear
  B)
                      Bills drawee by the government contractors and other suppliers on the treasury for the dues owed to them by the government done clear
  C)
                      Obligation of the Government of India issued by the Reserve Bank of India and payable normally 91 days after issue done clear
  D)
                      a mode of drawings by the Treasury Office on the Reserve Bank of India done clear
  View Solution play_arrow

• question_answer12)
  Which one of the following is the major component of the money supply in the Indian economy?
  A)
   Currency component done clear
  B)
                      Deposit component done clear
  C)
                      Treasury bill with public done clear
  D)
                      Both (a) and (b) done clear
  View Solution play_arrow

• question_answer13)
  Money laundering normally involved
  A)
   placement of funds                     done clear
  B)
   layering of funds done clear
  C)
                      Integrating of fund                      done clear
  D)
   All of the above done clear
  View Solution play_arrow

• question_answer14)
  When a nation’s money supply persistently increase at a faster rate than the nation can increase its output of goods and services, which of the following happens?
  A)
   Budget deficits increase done clear
  B)
                      Inflation occurs. done clear
  C)
                      Real output accelerates done clear
  D)
                                                        Living standards rise done clear
  View Solution play_arrow

• question_answer15)

  Consider the following statements about the Indian capital market

  I. Primary market in India is mainly dealt in the new issue and debenture.

  II. Primary market in India is supervised by IRDA.

  Which of the statement(s) given above is/are correct?

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
                      Both I and II                             done clear
  D)
   None of these done clear
  View Solution play_arrow

• question_answer16)
  Which of the following statements is relation of Bombay Stock Exchange, is correct?
  A)
   It is the oldest exchange of India done clear
  B)
                      It is known by the name of Dalal Steet done clear
  C)
                      Its share index is known by the name of SENSEX done clear
  D)
                      All of the above done clear
  View Solution play_arrow

• question_answer17)

  Many times, we read about future trading in newspapers. What is 'future trading'?

  I. It is nothing but a trade between any two stock exchanges, wherein it is decided to purchase the stocks of each other on a fixed price throughout the year.

  II. It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price.

  Select the correct answer using the codes given below

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
                      Both I and II                             done clear
  D)
   None of these done clear
  View Solution play_arrow

• question_answer18)
  A stock broker means a member of
  A)
   SEBI                                                    done clear
  B)
                      Any exchange done clear
  C)
                      a recognised stock exchange done clear
  D)
                      any stock exchange done clear
  View Solution play_arrow

• question_answer19)

  Consider the following statements

  I. Money market refers to the market for short-term requirement and deployment of funds.

  II. Coupon rate is specified interest rate on a fixed maturity security fixed at the time of issue.

  Which of the statement(s) given above is/are correct?

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
                      Both I and II                             done clear
  D)
   None of these done clear
  View Solution play_arrow

• question_answer20)
  Which one of the following is correct about the Commercial Papers (CPs) in Indian money market?
  A)
   It is issued by Indian commercial bank done clear
  B)
                      It is issued by the companies with a net worth more than ` 5 crore done clear
  C)
                      It is issued by the Central Government done clear
  D)
                      All of the above done clear
  View Solution play_arrow

• question_answer21)
  Match the following

  List I		List II
  A.	National Stock	1.	Mumbai
  B.	Over the Counter   Exchange of India	2.	Mumbai
  C.	Madhya Pradesh   Stock Exchange	3.	Indore
  D.	Capital Stock	4.	Kerala

  Codes
  A)
           A\[\to \]4, B\[\to \]1, C\[\to \]2, D\[\to \]3  done clear
  B)
          A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 done clear
  C)
          A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2 done clear
  D)
          A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2   done clear
  View Solution play_arrow

• question_answer22)
  Match the following

  List I		List II
  A.	Capital market	1.	NSE
  B.	Money market	2.	BSE
  C.	National index	3.	RBI
  D.	MIBOR	4.	SEBI

  Codes
  A)
           A\[\to \]1, B\[\to \]4, C\[\to \]3, D\[\to \]2   done clear
  B)
          A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2 done clear
  C)
          A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 done clear
  D)
          A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 done clear
  View Solution play_arrow

• question_answer23)
  In which of the following exchange 'Currency Futures' trading was 1st started?
  A)
   BSE                                         done clear
  B)
   NSE done clear
  C)
                      MCX-SX                                   done clear
  D)
   All of these done clear
  View Solution play_arrow

• question_answer24)
  Which of the following can be identified as demat account?
  A)
   Accounts which can have zero balance done clear
  B)
                      Accounts opened to facilitate repayment of loan done clear
  C)
                      Accounts in which shares of companies are traded in electronic form done clear
  D)
                      Accounts maintained by mutual fund companies for investors done clear
  View Solution play_arrow

• question_answer25)
  Government securities with terms of more than 1 year are called
  A)
   Government bonds                     done clear
  B)
   treasury bills done clear
  C)
                      Bills of exchanges                      done clear
  D)
   capital bills done clear
  View Solution play_arrow

• question_answer26)
  Gilt edged securities refer to
  A)
   Government securities done clear
  B)
                      Securities issued by 1st class companies done clear
  C)
                      Securities issued by municipal corporation done clear
  D)
                      Securities issued by state institution done clear
  View Solution play_arrow

• question_answer27)
  Full form of SLR is
  A)
   State Locality Reserve done clear
  B)
                      Sundry Leverage Ratio done clear
  C)
                      State Level Recovery done clear
  D)
                      Statutory Liquidity Ratio done clear
  View Solution play_arrow

• question_answer28)
  Who is authorised to issue coin in India?
  A)
   SBI                                          done clear
  B)
   RBI done clear
  C)
                      Ministry of Finance                     done clear
  D)
   High Court done clear
  View Solution play_arrow

• question_answer29)
  Call provisions will be exercised when
  A)
   Interest rates and bond value rise done clear
  B)
                      Interest rates and bond value fall done clear
  C)
                      Interest rates fall and bond value rise done clear
  D)
                      Interest rates rise and bond value fall done clear
  View Solution play_arrow

• question_answer30)
  A market where new securities are bought and sold for the 1st time is known as a
  A)
   Capital market                           done clear
  B)
   primary market done clear
  C)
                      Secondary market                      done clear
  D)
   tertiary market done clear
  View Solution play_arrow

• question_answer31)
  Which of the following is not a method a firm can use to publicly issue common stock?
  A)
   Shelf registration                        done clear
  B)
   Best efforts offering done clear
  C)
                      Private placement                      done clear
  D)
   Public issue of state done clear
  View Solution play_arrow

• question_answer32)
  Which of the following statements is correct about daily volumes in the call money market?
  A)
   These volumes are usually lower than the volumes in the repo markets done clear
  B)
                      These volumes are comparable with volumes in the ICD and CP markets done clear
  C)
                      They register the largest transaction value after government securities done clear
  D)
                      Call money markets record the highest daily transaction value amongst all segments of debt markets done clear
  View Solution play_arrow

• question_answer33)
  The financial market for securities with maturities of less than one year is known as
  A)
   Derivatives market                     done clear
  B)
   Cash market done clear
  C)
                      Money market                           done clear
  D)
   Rupee market done clear
  View Solution play_arrow

• question_answer34)
  With the introduction of derivatives the underlying cash market witnesses
  A)
   Lower volumes done clear
  B)
                      Sometimes higher, sometimes lower done clear
  C)
                      Higher volumes done clear
  D)
                      Volumes same as before done clear
  View Solution play_arrow

• question_answer35)
  The features of the commercial paper are
  A)
   It is an unsecured money market instrument issued in the form of promissary note done clear
  B)
                      The highly rated corporate borrowers can raise short term funds through this instrument done clear
  C)
                      It is an additional instrument to the investing community done clear
  D)
                      All of the above done clear
  View Solution play_arrow

• question_answer36)
  An option which gives the holder the right to sell a stock at a specified price at some time in the future is called a
  A)
   Naked Option done clear
  B)
                      Call Option done clear
  C)
                      out-of-the-money option done clear
  D)
                      Put option done clear
  View Solution play_arrow

• question_answer37)
  Which option gives the holder the right, but not the obligation to buy an asset by a certain date for a certain price?
  A)
   Put                                          done clear
  B)
   ITM  done clear
  C)
                      OTM                                        done clear
  D)
   Call done clear
  View Solution play_arrow

• question_answer38)
  Which option is an option that would lead to a zero cash flow to the holder if it were exercised immediately?
  A)
   In the money                             done clear
  B)
   At the money done clear
  C)
                      Out of the money                      done clear
  D)
   Put done clear
  View Solution play_arrow

• question_answer39)
  Which of the following options strategy is not a bullish strategy?
  A)
   Buying a futures contract on the stock done clear
  B)
                      Buying a call option done clear
  C)
                      Writing a put option done clear
  D)
                      Writing a call option done clear
  View Solution play_arrow

• question_answer40)
  Which one of the following best supports the theory that the stock exchange is a secondary market? In a stock exchange
  A)
   Securities are bought and sold by way of transfer done clear
  B)
                      An existing holder of securities can dispose of the holdings to another investor who intends to buy them done clear
  C)
                      No new investment is created done clear
  D)
                      Securities are dealt in for dual purposes investment and speculation done clear
  View Solution play_arrow

• question_answer41)
  SEBI is a/an
  A)
   Advisory body done clear
  B)
                      Statutory body done clear
  C)
                      Constitutional body done clear
  D)
                      Non-statutory body done clear
  View Solution play_arrow

• question_answer42)
  Which of the following organisations/agencies has established a fund known as Investor Protection Fund?
  A)
   RBI done clear
  B)
                      SIDBl done clear
  C)
                      Bombay Stock Exchange done clear
  D)
                      Ministry of Finance done clear
  View Solution play_arrow

• question_answer43)
  Mutual funds are regulated by
  A)
   Association of Mutual Funds of India (AMFI) done clear
  B)
                      Securities and Exchange Board of India (SEBI) done clear
  C)
                      Reserve Bank of India done clear
  D)
                      IRDA done clear
  View Solution play_arrow

• question_answer44)
  Which of the following is not a component or India’s securities market?
  A)
   Commodity futures done clear
  B)
                      Small savings in national saving certificates done clear
  C)
                      Government bonds done clear
  D)
                      Corporate equity done clear
  View Solution play_arrow

• question_answer45)
  Which of the following bodies promoted Securities Trading Corporation of India Limited (STCI) jointly with the public sector banks?
  A)
   SEBI done clear
  B)
   ICICI Limited done clear
  C)
                      IDBI Limited                             done clear
  D)
   RBI done clear
  View Solution play_arrow

• question_answer46)
  Which of the following stock exchanges in India, recently launched 'Carbon Index', so that investors can assess risk and opportunities associated with climate change?
  A)
   Delhi Stock Exchange done clear
  B)
                      National Stock Exchange done clear
  C)
                      Bombay Stock Exchange done clear
  D)
                      Kolkata Stock Exchange done clear
  View Solution play_arrow

• question_answer47)
  SEBI allows retail investors to apply for shares of Initial Public Offerings without actual transfer of their funds from their accounts. What is this facility known as?
  A)
   Systematic transfer plans done clear
  B)
                      Systematic investment plans done clear
  C)
                      Hedge fund accounts done clear
  D)
                      ASBA                done clear
  View Solution play_arrow

• question_answer48)
  Which of the following best describes the Securities and Exchange Board of India?
  A)
   SEBI is the regulator for the capital markets done clear
  B)
                      SEBI protects the interest of investors done clear
  C)
                      SEBI is for ethical practices done clear
  D)
                      All of the above done clear
  View Solution play_arrow

• question_answer49)
  Match the following

  List I		List II
  A.	Demand Money market	1.	Few hours to 14 days
  B.	Commercial Bill	2.	3 to 6 months
  C.	Certificate of Deposit	3.	3 months to 1 year
  D.	Treasury Bill Market	4.	14 days to 364 days

  Codes
  A)
                                   A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 done clear
  B)
                      A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 done clear
  C)
                      A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2 done clear
  D)
                      A\[\to \]1, B\[\to \]3, C\[\to \]4, D\[\to \]2 done clear
  View Solution play_arrow

• question_answer50)
  Which is the first Indian company to be listed on NASDAQ?
  A)
   Reliance                                    done clear
  B)
   TCS done clear
  C)
                      HCL                                        done clear
  D)
   Infosys done clear
  View Solution play_arrow

• question_answer51)
  Which of the following speculators expects the price of securities to fall in the near future?
  A)
   Bull                                          done clear
  B)
   Bear done clear
  C)
                      Stag                                         done clear
  D)
   None of these done clear
  View Solution play_arrow

• question_answer52)
  Dealings in Stock Exchange in India are regulated by
  A)
   Indian Companies Act done clear
  B)
                      Securities Contracts (Regulation) Act done clear
  C)
                      Stock Exchange Act done clear
  D)
                      None of the above done clear
  View Solution play_arrow

• question_answer53)
  The First Mutual Fund Scheme in India was introduced by
  A)
   Government of India done clear
  B)
                      Reserve Bank of India done clear
  C)
                      Unit Trust of India done clear
  D)
                      State Bank of India done clear
  View Solution play_arrow

• question_answer54)
  Stock exchange deals with the
  A)
   Second hand securities done clear
  B)
                      Issue of preference shares done clear
  C)
                      Issue of equity shares done clear
  D)
                      Issue of debentures done clear
  View Solution play_arrow

• question_answer55)

  Consider the following statements

  I. 'Stag' is a speculative person who applies for shares in a new issue expected to be oversubscribed to make profit by selling such shares at a premium.

  II. Stock is a bundle of fully paid shares put together for convenience.

  Which of the statement(s) given above is/are correct?

  A)
   Only I                                      done clear
  B)
   Only II done clear
  C)
                      Both I and II                             done clear
  D)
   None of these done clear
  View Solution play_arrow

• question_answer56)
  The headquarters of National Stock Exchange is in
  A)
   New Delhi                                 done clear
  B)
   Hyderabad done clear
  C)
                      Mumbai                                    done clear
  D)
   Ahmedabad done clear
  View Solution play_arrow

• question_answer57)
  Which among the following is eligible to issue self-prospectus?
  A)
   Any company contemplating for public issue of securities done clear
  B)
                      Any public financial institution done clear
  C)
                      Only manufacturing companies done clear
  D)
                      Only foreign companies engaged in trading in India done clear
  View Solution play_arrow

• question_answer58)
  Which one of the following has replaced the Budla System in India?
  A)
   Rolling settlement done clear
  B)
                      Trading in equity derivatives done clear
  C)
                      Depository system done clear
  D)
                      Online trading done clear
  View Solution play_arrow

• question_answer59)
  Which of the following is maintained by NSE to make good investor claims, which may arise out of non-settlement of obligations by the trading member, who has been declared defaulter, in respect of trades executed on the exchange.
  A)
   Investor Education and Reimbursement Fund (IERF) done clear
  B)
                      Investor Reimbursement Fund (IRF) done clear
  C)
                      Investor Education and Protection Fund (IEPF) done clear
  D)
                      Investor Protection Fund (IFF) done clear
  View Solution play_arrow

• question_answer60)
  Nifty index is used in
  A)
   Derivatives done clear
  B)
                      Index Funds done clear
  C)
                      Exchange Traded Funds (ETFs) done clear
  D)
                      All of the above done clear
  View Solution play_arrow

• question_answer61)
  When an agent asks a customer to invest in a mutual fund product without telling him/her about the risks involved in the investment, the process is termed as
  A)
   mis-selling     done clear
  B)
                      undertaking done clear
  C)
                      misappropriation of funds done clear
  D)
                      cross-selling done clear
  View Solution play_arrow

• question_answer62)
  Which of the following financial products are not much popular in India as they have been launched only recently?
  A)
   Development bonds                    done clear
  B)
                      Insurance policies done clear
  C)
                      Mutual funds done clear
  D)
                      Sovereign wealth funds done clear
  View Solution play_arrow

• question_answer63)
  The stock market index of London, stock market is referred as
  A)
   Sensex                                     done clear
  B)
   Footsie (FTSE) done clear
  C)
                      Nifty                                        done clear
  D)
   Bullish done clear
  View Solution play_arrow

• question_answer64)
  The availability or cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as
  A)
   Cash crunch                              done clear
  B)
   liquidity done clear
  C)
                      Credit                                       done clear
  D)
   marketability done clear
  View Solution play_arrow

• question_answer65)
  Which of the following is the regulator of the money market in India?
  A)
   RBI                                          done clear
  B)
   SBI done clear
  C)
                      SIDBI                                       done clear
  D)
   SEBI done clear
  View Solution play_arrow

• question_answer66)
  Capital market regulator is
  A)
   RBI                                          done clear
  B)
   IRDA done clear
  C)
                      NSE                                         done clear
  D)
   SEBI done clear
  View Solution play_arrow

• question_answer67)
  Which of the following organisations is known as the market regulator in India?
  A)
   IBA                                          done clear
  B)
   SEBI done clear
  C)
                      AMFI                                       done clear
  D)
   NSDL done clear
  View Solution play_arrow

• question_answer68)
  A market for relatively long-term financial instruments is known as
  A)
   Secondary market                      done clear
  B)
   primary market done clear
  C)
                      Capital market                           done clear
  D)
   All of the above done clear
  View Solution play_arrow

• question_answer69)

  Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Capital market is the biggest source for growth of an economy.

  Reason (R) Capital market provides long-term funds to organised and unorganised sectors.

  Codes
  A)
           Both A and R are true and R is the correct explanation of A done clear
  B)
          Both A and R are true, but R is not the correct explanation of A done clear
  C)
          A is true, but R is false done clear
  D)
          A is false, but R is true done clear
  View Solution play_arrow

• question_answer70)

  Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Sensex is measured by sensory index.

  Reason (R) Currently 150 companies are listed in sensex.

  Codes
  A)
           Both A and R are true and R is the correct explanation of A done clear
  B)
          Both A and R are true, but R is not the correct explanation of A done clear
  C)
          A is true, but R is false done clear
  D)
          A is false, but R is true done clear
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• question_answer71)

  Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Accounts of shareholders are in electronic forms which is called D-mat.

  Reason (R) Now, sale and purchase of shares are in electronic forms.

  Codes
  A)
           Both A and R are true and R is the correct explanation of A done clear
  B)
          Both A and R are true, but R is not the correct explanation of A done clear
  C)
          A is true, but R is false done clear
  D)
          A is false, but R is true done clear
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• question_answer72)

  Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Exchanges of debentures and shares are done industrial securities market.

  Reason (R) Exchanges of shares and debentures are divided in two markets: primary market and secondary market.

  Codes
  A)
           Both A and R are true and R is the correct explanation of A done clear
  B)
          Both A and R are true, but R is not the correct explanation of A done clear
  C)
          A is true, but R is false done clear
  D)
          A is false, but R is true done clear
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• question_answer73)

  Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Sale and lease back technique is a type of lease agreement.

  Reason (R) It enables the lessee to improve their liquidity.

  Codes
  A)
           Both A and R are true and R is the correct explanation of A done clear
  B)
          Both A and R are true, but R is not the correct explanation of A done clear
  C)
          A is true, but R is false done clear
  D)
          A is false, but R is true done clear
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• question_answer74)

  Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Treasury Bills are issued by Central Government.

  Reason (R) Treasury Bills are one of the safest money market instruments.

  Codes
  A)
           Both A and R are true and R is the correct explanation of A done clear
  B)
          Both A and R are true, but R is not the correct explanation of A done clear
  C)
          A is true, but R is false done clear
  D)
          A is false, but R is true done clear
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• question_answer75)

  Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) The returns on Treasury Bills are not that attractive.

  Reason (R) They are zero-risk instruments.

  Codes
  A)
           Both A and R are true and R is the correct explanation of A done clear
  B)
          Both A and R are true, but R is not the correct explanation of A done clear
  C)
          A is true, but R is false done clear
  D)
          A is false, but R is true done clear
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• question_answer76)

  Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

  Assertion (A) Screen-based trading system cuts down on time, cost and risk of error as well as on the chances of fraud.

  Reason (R) Screen-based trading system electronically matches the buyer and seller in an order-driven system.

  Codes
  A)
           Both A and R are true and R is the correct explanation of A done clear
  B)
          Both A and R are true, but R is not the correct explanation of A done clear
  C)
          A is true, but R is false done clear
  D)
          A is false, but R is true done clear
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