Stocks and Shares Questions and Answers for Bank Exams - 1

Question: 1

A wants to secure an annual income of Rs.1500 by investing in 15% debentures of face value of Rs.100 each and available for Rs.104 each. If the brokerage is 1% then the sum of money he should invest is

(A) Rs. 10504

(B) Rs. 10784

(C) Rs. 15072

(D) Rs. 19642

Question: 2

Find out the income percent of a buyer on 5% debentures of face value Rs.95 and available in the market for Rs.125.

(A) 2.8%

(B) 3.8%

(C) 4.8%

(D) 5.8%

Question: 3

A man invested Rs.4455 in Rs.10 shares quoted at Rs.8.25. If the rate of dividend be 12%, his annual income is

(A) Rs. 207.40

(B) Rs. 534.60

(C) Rs. 548

(D) Rs. 648

Question: 4

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being $$13{1}/{2}$$%. The rate of interest obtained is

(A) $$12{1}/{2}$$%

(B) $$13{1}/{2}$$%

(C) $$14{1}/{2}$$%

(D) 15%

Question: 5

A person has deposited Rs.13200 in a bank which pays 14% interest. He withdraws the money and invests in Rs.100 stock at Rs.110 which pays a dividend of 15%. How much does he gain or lose.

(A) Loses Rs. 48

(B) Gains Rs.48

(C) Loses Rs. 132

(D) Gains Rs. 132