n NISM Certifications
VII NISM Series VII
Medium

As per NSE rules, the monthly 'Client Wise Funding Report' must be submitted within 7 days from the end of the month. True or False?

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

Options

  1. True

    Correct answer

  2. B

    False

Why this is the answer

NSE mandates that brokers submit the monthly 'Client Wise Funding Report' within seven days from the end of each month as part of compliance reporting.

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