21. What is the main objective of an equity share?
a) Regular income
b) Capital appreciation
c) Preservation of capital
d) Tax saving
22. Which of the following is an example of a secondary market transaction?
a) IPO subscription
b) Rights issue subscription
c) Buying shares on a stock exchange
d) Participating in a mutual fund NFO
23. The term ‘Arbitrage’ in the capital market refers to:
a) Buying and selling securities to take advantage of price differences
b) Investing in high-risk stocks
c) Issuing new securities to raise capital
d) Trading in government bonds
24. What is the maximum difference allowed between the purchase and sale price of a stock in an intraday trade?
a) 0.5%
b) 1%
c) 2%
d) 5%
25. The term ‘Bull Market’ refers to:
a) Increasing stock prices
b) Decreasing stock prices
c) Stable stock prices
d) No stock market activity
