n NISM Certifications
VII NISM Series VII
Medium

Brokers must submit proof of insurance cover to BSE within ______ days from policy expiry.

Practice question from NISM Series VII Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    7

  2. B

    15

  3. 30

    Correct answer

  4. D

    45

Why this is the answer

Brokers must submit proof of insurance within 30 days from the expiry of the insurance policy as part of compliance reporting.

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