NISM-Series-VII 무료 덤프문제 온라인 액세스

According to the regulations governing institutional investors in the Indian Cash Market, which of the following combinations of trading activities is strictly PROHIBITED?

• A.Day trading (squaring off transactions intra-day)
• B.Using the 'INST' code for order entry
• C.Short selling with mandatory delivery obligation
• D.Algorithmic trading using Direct Market Access
• E.Trading in the Block Deal window

As per the SEBI International Financial Services Centres (IFSC) guidelines, 2015, which of the following types of securities and products are permitted for dealing on the stock exchanges operating in the IFSC? (Select all that apply)

• A.Debt securities issued by eligible issuers
• B.Currency and interest rate derivatives
• C.REITs and InviTs
• D.Equity shares of a company incorporated outside India
• E.Depository receipts

Which of the following statements accurately reflect the regulatory requirements regarding the 'Statement of Accounts' and dispute resolution related to the settlement of funds? (Select all that apply)

• A.The actual settlement of funds must be done by the broker at least once in a calendar quarter or month, depending on the client's preference.
• B.Clients must bring any dispute arising from the statement of running account to the notice of the broker within 30 working days from the date of the statement.
• C.Brokers are permitted to perform inter-client adjustments for the purpose of settlement if the total fund balance at the broker level is sufficient.
• D.If a client requests a return of funds lying with the Clearing Corporation, the broker must transfer them within 7 working days.
• E.The Statement of Accounts must contain an extract from the client ledger for funds and the register of securities.

With the validation of instructions for Pay-In of securities from Client demat account to Member Pool Account, what action do Depositories take if the quantity in the transfer instruction is more than the obligation provided by the Clearing Corporation (CC)?

• A.The instruction is completely rejected.
• B.The instruction is processed for the full quantity, and excess is returned by the Member.
• C.The instruction is partially processed by the depositories up to the matching obligation quantity.
• D.The instruction is held in pending status until the Member confirms the additional quantity.
• E.The instruction is processed only if the client provides a specific indemnity bond.

In the process of Auction of Securities, if the auction or close-out results in proceeds that exceed the claim of the aggrieved party (buyer), how is the remaining amount treated?

• A.It is retained by the Clearing Corporation as administrative charges.
• B.It is transferred to the Investor Protection Fund (IPF) of the Exchange.
• C.It is refunded to the defaulting selling member.
• D.It is credited to the Core Settlement Guarantee Fund (Core SGF).
• E.It is shared equally between the Clearing Corporation and the aggrieved party.