n NISM Certifications
NSM General NISM
Medium

Conditions for AD Category 1 bank to become trading and clearing member on currency futures exchange?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Minimum net worth Rs. 500 crores

  2. B

    Minimum Capital Adequacy Ratio of 10%

  3. C

    Net profit for last 3 years

  4. All of the above

    Correct answer

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

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