n NISM Certifications
VII NISM Series VII
Medium

An auction tender notice issued by the Clearing Corporation informs trading members about the ________.

Practice question from NISM Series VII Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Date and time of the auction session on the Exchanges

  2. B

    Names of the scrips short or undelivered

  3. C

    Quantity slated for auction

  4. All of the above

    Correct answer

Why this is the answer

The auction tender notice provides details such as the date and time of the auction, scrips that are short or undelivered, and the quantity available for auction.

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