NISM-Series-VII在線考題,NISM-Series-VII認證指南

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NISM NISM-Series-VII Exam Syllabus Topics:

SectionObjectives
Topic 1: Risk Management in Securities Markets- Market and operational risk
  • 1. Types of financial risks
    • 2. Operational risk controls
      - Risk mitigation systems
      • 1. Surveillance and compliance mechanisms
        • 2. Margins and collateral systems
          Topic 2: Depository Operations- Corporate actions
          • 1. Dividends, bonuses, splits
            • 2. Record dates and entitlement processing
              - Demat account framework
              • 1. Account opening and maintenance
                • 2. NSDL and CDSL roles
                  Topic 3: Clearing and Settlement- Settlement systems
                  • 1. Margining and risk adjustments
                    • 2. T+1/T+2 settlement cycles
                      - Clearing mechanisms
                      • 1. Clearing corporations and counterparties
                        • 2. Netting and settlement obligations
                          Topic 4: Securities Market Operations- Market participants and structure
                          • 1. Roles of brokers, exchanges, and investors
                            • 2. Order types and trading mechanism basics
                              - Trading process
                              • 1. Trade confirmation and reporting
                                • 2. Order execution and trade lifecycle

                                  >> NISM-Series-VII在線考題 <<

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                                  最新的 National Institute of Securities Markets NISM-Series-VII 免費考試真題 (Q267-Q272):

                                  問題 #267
                                  Under the framework for 'Demat Debit and Pledge Instruction' (DDPI), which replaces the Power of Attorney (POA) for specific purposes, for which of the following activities is the use of DDPI strictly limited to?

                                  答案:C

                                  解題說明:
                                  According to the source, the use of DDPI shall be limited only for specific purposes: 1) Transfer of securities held in the beneficial owner accounts of the client towards Stock Exchange related deliveries / settlement obligations; 2) Pledging / re-pledging of securities in favour of TMI CM for meeting margin requirements; 3) Mutual Fund transactions on stock exchange platforms; 4) Tendering shares in open offers. Conditions like transfer of funds or off-market trades are not covered under the limited purpose DDPI.


                                  問題 #268
                                  Which of the following instruments is specifically defined as a rupee-denominated bond issued outside India by Indian entities to raise money in local currency from foreign investors?

                                  答案:B

                                  解題說明:
                                  Masala Bonds are rupee-denominated bonds issued outside India by Indian entities. They are debt instruments which help to raise money in local currency from foreign investors,. FCCBs are issued in foreign currency. IDRs are for foreign companies raising funds in India. GDRs and ADRs are equity-based instruments issued by foreign depository banks,.


                                  問題 #269
                                  Every clearing member is required to maintain a separate primary clearing account with a designated clearing bank. Which of the following operational restrictions applies to this account regarding withdrawals?

                                  答案:C

                                  解題說明:
                                  According to the source, 'Clearing members can deposit funds into these accounts in any form and can withdraw funds from these accounts only in self-name'. This account is to be used exclusively for clearing and settlement operations.


                                  問題 #270
                                  If the Core SGF is utilized during a calendar month due to a default, specific rules apply to the replenishment of contributions by members. Which of the following is the correct restriction on such replenishment?

                                  答案:C

                                  解題說明:
                                  The source states: 'However, such contribution towards replenishment of Core SGF by the members would be restricted to only once during a period of 30 calendar days regardless of the number of defaults during the period. The period of 30 calendar days shall commence from the date of notice of default...'


                                  問題 #271
                                  To ensure a smooth settlement process in case of holidays, Clearing Corporations (CCs) are required to follow a specific operational sequence. Which of the following statements accurately describes this sequence regarding multiple settlements scheduled for the same day?

                                  答案:A

                                  解題說明:
                                  According to the guidelines for settlement in case of holidays, 'The CCs shall clear and settle the trades on a sequential basis i.e., the pay-in and the pay-out of the first settlement shall be completed before the commencement of the pay-in and pay-out of the subsequent settlement(s).'


                                  問題 #272
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