A trading member on the NSE, has set the branch order value unlimited for his Chennai branch and Rs. 800 lakh for Kolkata branch. Chennai branch has two users X and Y with user order limits of Rs. 550 lakh and Rs. 500 lakh respectively. Kolkata branch has one user Z with user order value limit of Rs. 550 lakh. The member applies for a new user at Kolkata. What is the maximum user order value that can be set for the new user?

In case the security has not been traded on a particular day, ________ at the NSE is to be considered as the closing price.?

Mr. Desai has decided to deposit Rs. 200,000 in the bank annually. If the bank has a policy of continuous compounding and the prevailing interest rate is 8% how much would his deposit grow upto in 2 years?

One of the Custodial Trade Reports is the ___________

No payment for transaction in which a Trading Member is taking position as a principal will be allowed to be made from the client’s account?

Statement 1 : An active buy order matches with the best passive sell order if the price of the passive sell order is less than or equal to the price of the active buy order. Statement 2 : An passive buy order matches with the best active sell order if the price of the passive buy order is less than or equal to the price of the active sell order. Which of the above statements is True?

______ is a volume related order condition.

At the end of the trade cycle, the trades are _______ to determine the obligations of the trading members to deliver securities/funds as per settlement schedule.

The clients introduced by an authorized person to a trading member, would be required to deliver securities and make payments directly in the trade name of the trading member. True or False?

What does OM indicate as an activity in the Activity Log screen in the NEAT system?

A user can simultaneously view a regular inquiry (e.g. MBP) and the Snap Quote display on the trading screen. True or False?