n NISM Certifications
VII NISM Series VII
Medium

In the event of any grievance, the investor is first required to approach the concerned _______ for settling his/her grievance.

Practice question from NISM Series VII Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Local Court

  2. B

    Consumer Court

  3. C

    Stock Exchanges

  4. Intermediary

    Correct answer

Why this is the answer

The investor must first approach the concerned intermediary/trading firm. If unresolved, the investor may escalate the grievance to the stock exchange or SEBI.

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