n NISM Certifications
VII NISM Series VII
Medium

A stock broker measures the ________ as per a set of standards they adhere to.

Practice question from NISM Series VII Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Custodian

  2. Client

    Correct answer

  3. C

    Clearing Corporation

  4. D

    Stock Exchange

Why this is the answer

Brokers adhere to a set of standards to evaluate clients’ trading activities and compliance.

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