n NISM Certifications
VII NISM Series VII
Medium

As per SEBI, the Base Minimum Capital required for trading members who trade only on behalf of clients (without proprietary trading and without Algo) is _______.

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

Options

  1. A

    Rs. 10 Lacs

  2. B

    Rs. 25 Lacs

  3. C

    Rs. 50 Lacs

  4. Rs. 15 Lacs

    Correct answer

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.

NISM Series VII Mock Test 1