Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

Match List I with List II

List I List II
A. Pay in day I. When the share are bought or sold, it is communicated to broker
B. Contract note II. The day when exchange will deliver the share or make payment to other broker
C. Pay out day III. The day when the broker shall make payment or delivery of shares to exchange
D. Trade confirmation slip IV. The document containing details of shares bought/sold, price of share, date and time of deal

 

Options:

A-III, B-IV, C-I, D-II

A-III, B-IV, C-II, D-I

A-II, B-I, C-III, D-IV

A-III, B-I, C-II, D-IV

Correct Answer:

A-III, B-IV, C-II, D-I

Explanation:

The correct answer is option (2) : A-III, B-IV, C-II, D-I