n NISM Certifications
VII NISM Series VII
Medium

Adjustments for corporate actions are carried out on all ______ positions.

Practice question from NISM Series VII Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Open

    Correct answer

  2. B

    Closed

  3. C

    Major

  4. D

    Present

Why this is the answer

Corporate action adjustments—such as for splits, bonuses, or dividends—are made only on open positions to maintain fair valuation and contract consistency post-adjustment.

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