Options
- A
9:00 am
-
8:30 am
Correct answer
- C
10:30 am
- D
11:30 am
Why this is the answer
Pay-in is when brokers deposit funds/securities with the clearing house. For equity derivatives, this occurs before market hours, typically around 8:30 a.m.
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.