Quiz
Maintenance Margin and Open Interest
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Questions in this quiz (6)
1The average daily absolute change in the value of the contract is Rs.8,000 and standard deviation of these changes is Rs.4,000.
How much should the initial margin be?- A12,000
- B8,000
- C20,000
- D16,000
2You have purchased one lot of Nifty at 10,000. Lot size = 100 units. Initial margin = 8% of contract value. Nifty has moved to 9,800 on next day. What will be the balance in margin account post profit/loss?
- A80,000
- B1,00,000
- C60,000
- D40,000
3Initial margin = 50,000
Maintenance margin = 40,000
Margin account reached balance of Rs.38,000. How much would be the margin replenishment needed?- ANo replenishment needed
- BRs.2,000
- CRs.12,000
4Initial margin = 50,000
Maintenance margin = 40,000
Margin account reached balance of Rs.43,000. How much would be the margin replenishment needed?- ANo replenishment needed
- BRs.3,000
- CRs.7,000
5You have sold one lot of Nifty at 10,000. Lot size = 100 units. Initial margin = 8% of contract value. Nifty has moved to 9,400 on next day. What will be the balance in margin account post profit/loss?
- A80,000
- B60,000
- C1,40,000
- D20,000
6Initial margin = 50,000
Maintenance margin = 40,000
Margin balance post profit/loss = 70,000
Investor withdraws 60% of maximum allowed withdrawal.
How much was the withdrawal?- A18,000
- B12,000
- C20,000
- D30,000
Information
- Description
- Chartered Accountancy Strategic Financial Management Quiz on Maintenance Margin and Open Interest, created by Dinesh Jain on 01/11/2019.
- Author
- Dinesh Jain
- Language
- English
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