Class 10 IFM Unit 8 Miscellaneous Most important MCQ
In this article, you will find Class 10 IFM Unit 8 Miscellaneous Most Important MCQs, which can help you score good marks in your exams.
30 MCQs – Unit 8: Miscellaneous (with Answers)
1. Corporate actions are decisions taken by:
a) Customers
b) Company’s Board of Directors
c) Brokers
d) Depositories
Answer: b
2. Dividend is a:
a) Refund
b) Penalty
c) Reward/benefit to shareholders
d) Tax
Answer: c
3. Dividend Yield =
a) Dividend ÷ Profit × 100
b) Dividend per share ÷ Market price × 100
c) Market price ÷ Dividend × 100
d) Face value ÷ Dividend
Answer: b
4. Stock Split means:
a) Dividing the company building
b) Increasing number of shares by reducing face value
c) Reducing number of shares
d) Distributing bonus shares
Answer: b
5. Buyback of shares is done to:
a) Increase public shareholding
b) Reduce the number of shares in the market
c) Introduce new shares
d) Split the stock
Answer: b
6. Bonus shares are issued to shareholders:
a) For free, out of company profits
b) For very high price
c) At market value
d) At discount
Answer: a
7. Rights issue gives existing shareholders the right to:
a) Sell shares compulsorily
b) Buy additional shares at a concessional rate
c) Close their account
d) Withdraw dividends
Answer: b
8. Nifty 50 is an index comprising:
a) 50 banking stocks
b) 50 leading companies across sectors
c) 50 foreign companies
d) 50 PSU companies
Answer: b
9. Why do companies give corporate benefits?
a) To improve investor relations
b) To reduce equity base
c) To avoid tax
d) To close business
Answer: a
10. Ex-Dividend date is:
a) Date when dividend is declared
b) Date from which shares trade without dividend
c) Date when payment is received
d) Date company closes
Answer: b
11. Record Date is used to:
a) Identify eligible shareholders for corporate actions
b) Maintain attendance
c) Register brokers
d) Close DEMAT accounts
Answer: a
12. Book Closure is a period when:
a) Trading is banned permanently
b) Company closes books to update shareholder records
c) Stock exchange shuts down
d) Market halts for technical updates
Answer: b
13. No-Delivery Period refers to:
a) Period when share delivery doesn’t occur due to corporate actions
b) Courier strikes
c) Bank holiday
d) Market crash
Answer: a
14. Clearing and Settlement ensures:
a) Only buying of shares
b) Completion of trades safely and accurately
c) Giving loans
d) Higher profits
Answer: b
15. NSCCL eliminates counter-party risk through:
a) Guarantees on trade settlement
b) Penalties
c) Tax benefits
d) Market bans
Answer: a
16. Bonus issue increases:
a) Number of shares
b) Market liquidity
c) Investor wealth (in number of shares)
d) All of the above
Answer: d
17. Stock Split mainly aims to:
a) Reduce liquidity
b) Increase affordability of shares
c) Increase face value
d) Reduce profits
Answer: b
18. Buyback usually results in:
a) Increase in share price
b) Decrease in number of shares
c) Increase in promoter holding
d) All of the above
Answer: d
19. Investor Grievance Cell deals with:
a) Salary problems
b) Disputes related to trading or corporate actions
c) School exams
d) GST issues
Answer: b
20. Arbitration is used when:
a) Parties agree on everything
b) Disputes arise between investor & broker
c) Company dissolves
d) Bank account closes
Answer: b
21. Index helps investors to:
a) Predict weather
b) Measure overall market performance
c) Buy groceries
d) Calculate interest
Answer: b
22. Which corporate action reduces outstanding shares?
a) Bonus issue
b) Rights issue
c) Buyback
d) Stock split
Answer: c
23. Which corporate action does NOT change total market capitalization immediately?
a) Stock split
b) Bonus issue
c) Rights issue
d) Dividend
Answer: a
24. Ex-Date occurs:
a) After Record Date
b) Before Record Date
c) Same as Book Closure
d) Same as Declaration Date
Answer: b
25. Clearing is handled by:
a) RBI
b) Brokers
c) Clearing Corporation (e.g., NSCCL)
d) Mutual Fund Houses
Answer: c
26. Settlement Cycle in India (Equity) is typically:
a) T+0
b) T+1
c) T+7
d) T+30
Answer: b
27. Buyback improves:
a) Earnings per share (EPS)
b) Number of shares available
c) Corporate taxes
d) Bank deposits
Answer: a
28. A company announces dividend on:
a) Cut-off Date
b) Announcement/Declaration Date
c) Ex-Date
d) Settlement Date
Answer: b
29. A shareholder becomes eligible for dividend if:
a) They buy shares on or before Ex-Date
b) They buy shares after Ex-Date
c) They buy shares on Record Date
d) They never buy shares
Answer: a
30. Post-Market activities include:
a) Trading of futures
b) Ex-Date, No-Delivery Period, Investor grievances
c) Opening DEMAT accounts
d) IPO allotment
Answer: b
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