n NISM Certifications
VII NISM Series VII
Medium

In connection to the primary markets, the role of stock exchanges is limited to providing ______.

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Allotment of securities

  2. Listing of securities

    Correct answer

  3. C

    Transfer of securities

  4. D

    Maintaining records of securities

Why this is the answer

Stock exchanges provide a platform for the listing of securities in the primary market and facilitate trading but are not involved in allotment or transfer of securities.

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