NISM NISM-Series-VII Latest Test Dumps & NISM-Series-VII Reliable Real Test

BONUS!!! Download part of Pass4guide NISM-Series-VII dumps for free: https://drive.google.com/open?id=1bAd8eg_YPlKKnqMQC_WON6JLdUsUV-6W

What is more difficult is not only passing the NISM NISM-Series-VII Certification Exam, but the acute anxiety and the excessive burden also make the candidate nervous to qualify for the NISM Series VII - Securities Operations and Risk Management Certification certification. If you are going through the same tough challenge, do not worry because NISM is here to assist you.

NISM NISM-Series-VII Exam Syllabus Topics:

Section	Objectives
Topic 1: Trade Life Cycle	- Steps and participants involved in the trade life cycle 1. Clearing and settlement process 2. Role of the back office in a securities broking firm
Topic 2: Regulatory Framework	- Role of the Securities and Exchange Board of India (SEBI) 1. Investor protection 2. Regulatory oversight
Topic 3: Indian Securities Market	- Overview of the Indian securities market 1. Various market participants and their roles 2. Different products traded
Topic 4: Investor Grievance Redressal	- Process of investor grievances redressal 1. Regulatory requirements 2. Procedures for handling complaints
Topic 5: Securities Broking Operations	- Front Office, Middle Office and Back Office functions in a Securities Broking Firm 1. Settlement processing 2. Trade execution 3. Risk management
Topic 6: Risk Management	- Risk management in a securities broking firm 1. Identifying and mitigating risks 2. Compliance and control measures

>> NISM NISM-Series-VII Latest Test Dumps <<

NISM-Series-VII Reliable Real Test - NISM-Series-VII Exam Format

Competition has a catalytic effect on human development and social progress. Competition will give us direct goals that can inspire our potential and give us a lot of pressure. We must translate these pressures into motivation for progress. This road may not be easy to go. But with our NISM-Series-VII Exam Questions, you can be the most competitive genius in your field with the least time and efforts. As long as you follow with our NISM-Series-VII study guide, you will succeed for sure. Just come and try our NISM-Series-VII practice braindumps!

NISM Series VII - Securities Operations and Risk Management Certification Sample Questions (Q44-Q49):

NEW QUESTION # 44
Stock brokers are required to maintain evidence of clients placing orders to prevent unauthorized trades. Which of the following statements accurately describes the regulatory requirements regarding the forms of evidence and the retention period?

A. Telephone recordings are mandatory only for institutional clients and must be kept for 2 years.
B. Evidence is optional for internet-based transactions and must be retained for 1 year.
C. In case of a dispute, records can be disposed of immediately after the broker files a response.
D. Evidence must be physical records only, retained for 5 years.
E. Evidence can be physical records, telephone recordings, emails, or SMS logs, and must be retained for a minimum of 3 years.

Answer: E

Explanation:
The source states that brokers shall execute trades only after keeping evidence in forms such as 'Physical record written & signed by client, Telephone recording, Email from authorized email id, Log for internet transactions, Record of SMS messages'. Regarding retention: 'The Brokers are required to maintain the records for a minimum period for which the arbitration accepts investors' complaints as notified from time to time (which is currently three years).'

NEW QUESTION # 45
Clearing Members are required to open specific demat accounts known as 'Clearing Member Settlement Pool Accounts' with depositories. Which of the following statements is legally and operationally ** TRUE** regarding these accounts?

A. Clients are prohibited from transferring shares directly into the member's pool account; all transfers must route through the Exchange.
B. The clearing member does not get any ownership or beneficiary rights over the shares held in these accounts.
C. The clearing member acquires full beneficiary ownership rights over the securities transferred into this account.
D. Credits to this account are not permitted; it is used solely for delivering securities to the Clearing Corporation.
E. These accounts are strictly used for holding the member's long-term proprietary investments to separate them from client assets.

Answer: B

Explanation:
It should be noted that unlike the usual demat accounts, the clearing member does not get any ownership or beneficiary rights over the shares held in these accounts (Clearing member settlement pool accounts). A pool account is a settlement account from where broker deliver securities to exchange's clearing corporation against pay-in obligation.

NEW QUESTION # 46
When a company announces a Bonus Issue in the ratio of A:B, specific adjustments are made to the Strike Price, Market Lot, and Position of Equity F&O contracts. Which of the following formulas correctly represents the Adjustment Factor used for these calculations?

A. (A * B) / (A + B)
B. B / (A + B)
C. (A - B) / B
D. (A + B) / B
E. A / (A + B)

Answer: D

Explanation:
For a Bonus Issue with ratio A:B, the Adjustment factor is calculated as (A+B)/B. For example, for a 1:1 bonus, A= 1, B=1, Factor = (1+1)/1 = 2. This factor is then used to divide the old strike price and multiply the old market lot/position.

NEW QUESTION # 47
Under the SEBI (Prohibition of Insider Trading) Regulations, 2015, which of the following parties is deemed to be a 'Connected Person' unless the contrary is established?

A. A former employee who left the company 12 months prior to the act.
B. An individual who has never held a position in the company.
C. A shareholder holding 5% interest in the company.
D. A vendor supplying office stationery on a one-off basis.
E. A banker of the company.

Answer: E

Explanation:
The regulations list categories of persons deemed to be 'Connected Persons'. This list includes a banker of the company. A former employee is a connected person if associated within 6 months prior to the act. A holding of more than 10% interest is required to be deemed connected. Therefore, a banker is the correct deemed connected person.

NEW QUESTION # 48
A stock broker receives a request from a client to maintain a running account for funds to avoid frequent pay-ins and pay-outs. Regarding the authorization for this running account, which of the following conditions is **MANDATORY** for the broker to accept the request?

A. The authorization must be signed by the client only and cannot be signed by any Authorized Person or POA holder.
B. The authorization is valid for a lifetime unless the broker decides to revoke it due to risk management concerns.
C. The authorization can be signed by the Power of Attorney (POA) holder if the client is traveling abroad.
D. The authorization automatically allows the broker to transfer funds between different clients to manage temporary shortages.
E. The actual settlement of funds must be done at least once in a financial year.

Answer: A

Explanation:
According to the guidelines for Mode of Payment and Delivery from Clients, the authorization for maintaining a running account shall be signed by the client only and not by any Authorized Person on his behalf or any holder of the Power of Attorney. The authorization must be dated and revocable, and actual settlement must happen at least once in a calendar quarter or month.

NEW QUESTION # 49
......

The NISM-Series-VII exam prep is produced by our expert, is very useful to help customers pass their exams and get the certificates in a short time. We are going to show our NISM-Series-VII guide braindumps to you. We can sure that our product will help you get the certificate easily. If you are wailing to believe us and try to learn our NISM-Series-VII Exam Torrent, you will get an unexpected result.

NISM-Series-VII Reliable Real Test: https://www.pass4guide.com/NISM-Series-VII-exam-guide-torrent.html

BTW, DOWNLOAD part of Pass4guide NISM-Series-VII dumps from Cloud Storage: https://drive.google.com/open?id=1bAd8eg_YPlKKnqMQC_WON6JLdUsUV-6W