Options
-
True
Correct answer
- B
False
Why this is the answer
Arbitration, a quasi-judicial alternate dispute resolution mechanism under the Arbitration and Conciliation Act, 1996, is governed by rules prescribed by the Stock Exchanges. It allows for quicker legal resolution of disputes.
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.