UST Interview Questions and Answers

Securities and Exchange Board of India (SEBI) is responsible for the regulation of stock market in India.

• SEBI is a statutory regulatory body established in 1988.

• It regulates the securities market in India and protects the interests of investors.

• SEBI ensures transparency and fairness in the functioning of the stock market.

• It also regulates the activities of stockbrokers, sub-brokers, and other intermediaries in the securities market.

• SEBI has the power to investigate and take a...read more

The golden rules of accounting are basic principles that guide the recording of financial transactions.

• The first golden rule is the rule of debit and credit.

• The second golden rule is the rule of consistency.

• The third golden rule is the rule of conservatism.

• The fourth golden rule is the rule of materiality.

• The fifth golden rule is the rule of objectivity.

• For example, the rule of debit and credit states that for every debit entry, there must be a corresponding credit entry.

• The ...read more

Derivatives are financial contracts that derive their value from an underlying asset or security.

• Types of derivatives include futures, options, swaps, and forwards.

• Futures are contracts to buy or sell an asset at a predetermined price and date.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a predetermined price and date.

• Swaps involve exchanging cash flows based on different financial instruments.

• Forwards are similar to futures, but are c...read more

Fund accounting is a specialized accounting system used by non-profit organizations to track and manage their financial resources.

• It involves tracking and reporting on funds that have been designated for specific purposes or programs

• It ensures that funds are used in accordance with donor restrictions and legal requirements

• It allows for transparency and accountability in financial reporting

• Examples include tracking donations for a specific project or program, or managing grant...read more

Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

• Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.

• Investors can buy shares of mutual funds, which represent a portion of the holdings in the fund.

• Mutual funds offer diversification, liquidity, and professional management to investors.

• There are different types of mut...read more

The question is asking for a detailed explanation of a topic or concept.

• Provide a thorough analysis of the topic, including background information, key points, and examples

• Break down complex ideas into simpler terms for better understanding

• Use visuals or diagrams to aid in explanation if necessary