n NISM Certifications
VII NISM Series VII
Medium

Currently, all security market transactions happen only in ______.

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

Options

  1. Demat Form

    Correct answer

  2. B

    Physical Form

  3. C

    Demat or Physical Form per client choice

Why this is the answer

All securities transactions are executed in demat form; physical securities must be converted to demat before selling.

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