n NISM Certifications
NSM General NISM
Medium

Assume the regulator has stipulated a minimum margin of Rs 200, the clearing corporation can change it to ________.

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

Options

  1. Any amount above Rs 200

    Correct answer

  2. B

    Any amount below Rs 200

  3. C

    Either 1 or 2 as it sees fit

  4. D

    Any amount between Rs 150 to 200

Why this is the answer

Minimum margin cannot be reduced below Rs 200.

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