- Exam Code: NISM-Series-VII
- Exam Name: NISM Series VII - Securities Operations and Risk Management Certification
- Updated: Oct 09, 2026
- Q & A: 334 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Regulatory Framework | - Role of the Securities and Exchange Board of India (SEBI)
|
| Topic 2: Indian Securities Market | - Overview of the Indian securities market
|
| Topic 3: Securities Broking Operations | - Front Office, Middle Office and Back Office functions in a Securities Broking Firm
|
| Topic 4: Trade Life Cycle | - Steps and participants involved in the trade life cycle
|
| Topic 5: Risk Management | - Risk management in a securities broking firm
|
| Topic 6: Investor Grievance Redressal | - Process of investor grievances redressal
|
A corporate stock broker with a net worth of Rs. 10 Crore wishes to offer the margin trading facility (MTF) to its clients. According to SEBI regulations, what is the maximum limit on the broker's total indebtedness for the purpose of margin trading and the maximum allowable exposure towards MTF?
Correct Answer: A 🗳️
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Once a conciliator is appointed by the ODR Institution, what is the prescribed timeline for the disputing parties to reach an amicable resolution, and under what condition can this period be extended?
Correct Answer: D 🗳️
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Which of the following statements correctly reflect the regulatory framework and operational guidelines for the trading of Mutual Fund units on Stock Exchange Platforms? (Select all that apply)
Correct Answer: A,B,E 🗳️
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In the context of the 'Application Supported by Blocked Amount' (ASBA) facility processed by intermediaries in public issues, what is the critical pre-condition explicitly mandated by SEBI before the ASBA applications can be processed?
Correct Answer: B 🗳️
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SEBI has introduced the mechanism of Net Settlement of cash segment and F&O segment upon expiry of stock derivatives. Under which of the following conditions is this benefit of netting (merged settlements) specifically available to an investor?
Correct Answer: B 🗳️
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