NISM VIII CHAPTER 8

SEBI has power for which of the following except :

Which of the following document informs clients about the kind of risks that derivatives can involve for the client?

Trading Members are required to maintain trade confirmation slips and exercise notices from the trading system for a period of—

A penalty or suspension of registration of a stock – broker under the SEBI (Stock Broker & Sub – Broker) Regulations, 1992 can be ordered if:

— are the maximum exposure levels which the entire market can go up to and each Clearing Member or investor can go up to.

Which of the following statement is incorrect?

Anybody interested in taking membership of F&O segment is required to take membership of—

Which of the following is the responsibility of clearing corporation?

Which of the following is the objective of Trade Guarantee Fund?

Which of the following is not a recommendation of Dr L.C. Gupta Committee?

Initial margin collection is monitored by the _________.

A penalty or suspension of registration of a stock broker from derivatives exchange/segment under the SEBI (Stock Broker) Regulations, 1992 can take place if _______________.

Which of the following is required for a contract in derivative to be a legal and valid contract?

Members and authorized dealer have to provide collateral deposits to become members of the F&O segment.

All member brokers in the derivative segment should be inspected by the exchange at least twice a year.

A default by a member in the derivatives segment will be treated as default in all segments of that exchange and as default on all exchanges where he is a member.

Liquid Net-worth is defined as Liquid Assets minus Initial Margin.

Clearing corporation on a derivatives exchange becomes a legal counterparty to all trades and be responsible for guaranteeing settlement for all open positions.