n NISM Certifications
XIII NISM Series XIII
Medium

A clearing member is required to bring in an additional incremental deposit of _____ to the clearing corporation for each additional TM he undertakes to clear and settle deals.

Practice question from NISM Series XIII for SIF - Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs.5 lakhs

  2. Rs.10 lakhs

    Correct answer

  3. C

    Rs.15 lakhs

  4. D

    Rs.20 lakhs

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

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