Certification NISM-Series-VII Questions, NISM-Series-VII Dump Collection

So many candidates have encountered difficulties in preparing to pass the NISM-Series-VII exam. But our study materials will help candidates to pass the exam easily. Our NISM-Series-VII guide questions can provide statistics report function to help the learners to find weak links and deal with them. The NISM-Series-VII Test Torrent boost the function of timing and simulating the exam. They set the timer to simulate the exam and help the learners adjust the speed and keep alert.

NISM NISM-Series-VII Exam Syllabus Topics:

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

>> Certification NISM-Series-VII Questions <<

NISM-Series-VII Dump Collection - NISM-Series-VII PDF Question

The only aim of our company is to help each customer pass their exam as well as getting the important certification in a short time. If you want to pass your exam and get the NISM-Series-VII certification which is crucial for you successfully, I highly recommend that you should choose the NISM-Series-VII Study Materials from our company so that you can get a good understanding of the exam that you are going to prepare for.

NISM Series VII - Securities Operations and Risk Management Certification Sample Questions (Q11-Q16):

NEW QUESTION # 11
While institutional trades generally do not attract upfront margins, specific categories of institutional investors are subject to upfront margining similar to non-institutional trades. Identify the category from the list below.

A. Mutual Funds registered with SEBI
B. Category I Foreign Portfolio Investors (Sovereign Wealth Funds)
C. Category II FPIs who are corporate bodies, individuals, or family offices
D. Public Financial Institutions defined under the Companies Act
E. Insurance Companies registered with IRDAI

Answer: C

Explanation:
Trades of Category II FPIs who are corporate bodies, individuals, or family offices and domestic entities who may choose to settle trades through a Custodian shall be margined on an upfront basis as per the margining framework of non-institutional trades. Other institutional trades are margined on T+1 day subsequent to confirmation.

NEW QUESTION # 12
To participate in the trading of mutual fund units through the stock exchange trading platform, a trading member must fulfill specific criteri a. Which of the following combinations accurately represents the mandatory requirements for a trading member to place orders for a specific Mutual Fund Company?

A. Hold an AMFI Registration Number (ARN), pass the relevant NISM certification examination, and register as a distributor with the specific Mutual Fund Company.
B. Obtain a specific 'MF-Trading' license from the Stock Exchange, maintain a minimum net worth of Rs. 50 Lakhs, and hold a valid ARN.
C. Register directly with SEBI as an Investment Adviser, hold a valid ARN, and execute a Service Level Agreement with the Clearing Corporation.
D. Hold a valid SEBI Registration as a Portfolio Manager, pass the NISM Series-V-A examination, and register with the Association of Mutual Funds in India (AMFI).
E. Be a registered Depository Participant, hold a valid ARN, and have a dedicated Mutual Fund desk with at least two certified employees.

Answer: A

Explanation:
The trading members who are AMFI Registration Number (ARN) holders and have passed the NISM certification examination are permitted to participate in the trading of the mutual funds units through the exchange trading platform. Further, eligible members would have to register as distributor with the mutual fund company. Hence, eligible members would be able to place orders only in respect of Mutual Fund Companies where they have registered as distributor.

NEW QUESTION # 13
A Trading Member executes the following trades in a specific scrip on a given day:
* Buy 500 shares @ Rs. 100
* Sell 300 shares @ Rs. 105
* Buy 200 shares @ Rs. 95
What are the final Net Quantity and Net Fund obligations for the member to be settled with the Clearing Corporation?

A. Net Qty: 400 (Deliver); Net Funds: Receive Rs. 37,500
B. Net Qty: 0; Net Funds: Receive Rs. 1,500
C. Net Qty: 1000 (Receive); Net Funds: Pay Rs. 100,500
D. Net Qty: 400 (Receive); Net Funds: Pay Rs. 69,000
E. Net Qty: 400 (Receive); Net Funds: Pay Rs. 37,500

Answer: E

Explanation:
Net Quantity:
Total Buy = 500 + 200 = 700.
Total Sell = 300.
Net Qty = 700 - 300 = 400 (Buy/Receive).
Net Funds:
Outflow (Buy) = + (200*95) = 50,000 + 19,000 = Rs. 69,000.
Inflow (Sell) = 300*105 = Rs. 31 ,500.
Net Funds = Inflow - Outflow = 31 ,500 - 69,000 = -37,500.
Negative implies Pay Rs. 37,500.

NEW QUESTION # 14
Since auction sessions are not applicable under the T+0 settlement cycle, how are securities shortages handled by the Clearing Corporation?

A. Shortages are directly closed out at a rate of 20% above the official closing price of the T+1 market.
B. Shortages are deemed as 'bad delivery' and the trade is annulled immediately.
C. Shortages are carried forward to the T+1 auction session conducted on the next day.
D. Shortages are directly closed out at above the highest price of the day across all exchanges for the T+0 market.
E. Shortages are settled by borrowing securities from the Securities Lending and Borrowing (SLB) segment automatically.

Answer: D

Explanation:
In the T+0 settlement cycle, an auction shall not be conducted in case of securities shortage. Security shortages shall be directly closed out at 10% above the highest price of the day across all exchanges for the T+0 market.

NEW QUESTION # 15
Which of the following statements accurately describe the process and components of 'Delivery Settlement' in the equity F&O segment?
(Select all that apply)

A. It considers all open futures positions after the close of trading on the expiry day.
B. The final deliverable/receivable positions at a clearing member are arrived at after netting the obligations of all clients/constituents clearing through them.
C. Delivery settlement is optional and can be cash settled if the client chooses.
D. It applies to Index Futures and Index Options.
E. It considers all in-the-money option contracts which are exercised and assigned.

Answer: A,B,E

Explanation:
Delivery Settlement applies to individual stock derivatives (not Index, which are cash settled). It considers all open futures positions after close of trading on expiry day and all in-the-money option contracts which are exercised and assigned. The final position at a clearing member is arrived at after netting the obligations of all clients/constituents/trading members clearing through the respective clearing member.

NEW QUESTION # 16
......

Our NISM-Series-VII study materials have included all significant knowledge about the exam. So you do not need to pick out the important points by yourself. Also, our NISM-Series-VII practice engine can greatly shorten your preparation time of the exam. So you just need our NISM-Series-VII learning questions to help you get the certificate. You will find that the coming exam is just a piece of cake in front of you and you will pass it with ease.

NISM-Series-VII Dump Collection: https://www.validbraindumps.com/NISM-Series-VII-exam-prep.html