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NISM NISM-Series-VII Braindumps - in .pdf Free Demo

  • Exam Code: NISM-Series-VII
  • Exam Name: NISM Series VII - Securities Operations and Risk Management Certification
  • Last Updated: Oct 13, 2026
  • Q & A: 334 Questions and Answers
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  • Exam Code: NISM-Series-VII
  • Exam Name: NISM Series VII - Securities Operations and Risk Management Certification
  • Last Updated: Oct 13, 2026
  • Q & A: 334 Questions and Answers
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NISM NISM-Series-VII Exam Syllabus Topics:

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

                                  NISM Series VII - Securities Operations and Risk Management Certification Sample Questions:

                                  Question #1

                                  Which of the following instruments allow Indian companies to raise resources from international capital markets?

                                  • A. External Commercial Borrowings (ECBs)
                                  • B. Foreign Currency Convertible Bonds (FCCBs)
                                  • C. Masala Bonds
                                  • D. Global Depository Receipts (GDRs)
                                  • E. Indian Depository Receipts (IDRs)
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B,C,D  🗳️

                                  Explanation: Only visible for BraindumpsIT members. You can sign-up / login (it's free).

                                  Question #2

                                  The secondary market operates through different mediums with distinct settlement mechanisms. Which of the following statements accurately differentiates the Over-The-Counter (OTC) market from the Exchange Traded Market?

                                  • A. OTC markets use a centralized Clearing Corporation to guarantee all trades.
                                  • B. OTC markets consist of standardized contracts traded on a screen-based system.
                                  • C. Exchange Traded Markets allow buyers and sellers to know each other's identity directly.
                                  • D. OTC markets are informal markets where trades are negotiated and settled bilaterally.
                                  • E. Exchange Traded Markets do not adhere to a fixed time schedule for settlement.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

                                  Explanation: Only visible for BraindumpsIT members. You can sign-up / login (it's free).

                                  Question #3

                                  According to the provisions regarding 'Settlement dues', if a clearing member fails to discharge their funds obligations at the notified time, which of the following liabilities or actions may they face? (Select all that apply)

                                  • A. Actions as decided by the Relevant Authority
                                  • B. Automatic transfer of the member's clearing bank account to the Investor Protection Fund
                                  • C. Immediate forfeiture of the member's personal assets
                                  • D. Withdrawal of trading facility
                                  • E. Disciplinary actions
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,D,E  🗳️

                                  Explanation: Only visible for BraindumpsIT members. You can sign-up / login (it's free).

                                  Question #4

                                  Periodic settlement of running accounts is mandatory for most clients. However, under which of the following specific circumstances is the periodic settlement of funds **NOT** necessary to the extent of funds involved?

                                  • A. For clients trading in the derivatives segment with open positions, even if they have excess free cash.
                                  • B. For High Net Worth Individuals (HNIs) who have provided a 'Do Not Settle' instruction.
                                  • C. For clients availing Margin Trading Facility (MTF), to the extent of funds/securities relating to MTF used by the client.
                                  • D. For clients who have a credit balance of less than Rs. 10,000.
                                  • E. For Non-Resident Indian (NRI) clients dealing through the Portfolio Investment Scheme (PIS).
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Explanation: Only visible for BraindumpsIT members. You can sign-up / login (it's free).

                                  Question #5

                                  Clearing Members are required to maintain specific demat accounts known as 'Clearing Member Settlement Pool Accounts' with depositories. Which of the following statements accurately describes the legal and operational nature of the securities held in these pool accounts?

                                  • A. The Clearing Member obtains full ownership rights over the securities in the pool account to facilitate settlement.
                                  • B. Securities in the pool account are automatically pledged to the Clearing Corporation as margin and cannot be delivered until unpledged.
                                  • C. The Clearing Member does not get any ownership or beneficiary rights over the shares held in these accounts; they are strictly for settlement delivery and receipt.
                                  • D. Clients cannot transfer shares directly into the Clearing Member's pool account; they must transfer to a beneficiary account first.
                                  • E. Corporate action benefits for securities held in the pool account are retained by the Clearing Member as operational fees.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

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