NISM Operations Risk Management | Mock Test NISM VII Securities

Arbitration aims at ________ legal resolution for the disputes.

Who is the backbone of the securities market?

What is the action taken when there is a failure on part of the broker to deliver the securities?

Corporate action adjustments are done on all __________ positions

In case of sale of securities, what instruction should be given to the DP, upon receipt of intimation of execution of trade from broker with whom he maintains the demat account.

What kind of accounts is used to receive shares from selling clients and to send shares to buying clients?

The process of original trade being cancelled and the clearing agency taking over as counterparty to all trades is called

Clearing members need to take membership with the

Members Contract books showing details of all contracts entered by the broker needs to be maintained for 10 years as per the Rule 15 of SCRR.

The sauda book of the register of transactions needs to be maintained by the broker for a period of 2 years.