n NISM Certifications
VII NISM Series VII
Medium

Arbitration for claims up to ₹30 lakh is handled by _______ arbitrator(s), while claims above ₹30 lakh are handled by a panel of _______ arbitrators.

Practice question from NISM Series VII Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    1, 4

  2. 1, 3

    Correct answer

  3. C

    2, 4

  4. D

    2, 5

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

Test yourself for real

Take a full NISM Series VII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.