n NISM Certifications
XV NISM Series XV
Medium

Additional surveillance measures do NOT apply to which securities?

Practice question from NISM XV Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Securities not under graded surveillance

  2. B

    Securities in an index

  3. Securities with derivative products

    Correct answer

  4. D

    Large-cap companies

Why this is the answer

Securities that have derivatives, PSUs, or are under graded surveillance do not need extra surveillance as their price and trading activity are closely monitored through existing systems.

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