n NISM Certifications
VIII NISM Series VIII
Medium

A Clearing member has to deposit liquid assets with the Clearing Corporation but these liquid assets cannot comprise entirely of _________ .

Practice question from NISM Series VIII - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Equity Shares

    Correct answer

  2. B

    T Bills (Treasury Bills)

  3. C

    Cash

  4. D

    Fixed Deposits

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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