n NISM Certifications
VII NISM Series VII
Medium

In case of sale of securities by an investor, what instruction should be given to the DP upon receipt of execution intimation from the broker?

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

Options

  1. Debit

    Correct answer

  2. B

    Credit

  3. C

    Hold

  4. D

    None of the above

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