n NISM Certifications
VII NISM Series VII
Medium

_______ informs clearing members or custodians about pay-in and pay-out of funds.

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

Options

  1. A

    Depository Participants

  2. B

    Clearing Banks

  3. C

    Trading Members

  4. Stock Exchange / Clearing Corporation

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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