n NISM Certifications
VII NISM Series VII
Medium

Maintenance of different types of books by stock brokers is prescribed under:

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

Options

  1. A

    Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018

  2. B

    SEBI Intermediaries Regulations

  3. SC(R)R 1957

    Correct answer

  4. D

    SCRA 1956

Why this is the answer

Stock brokers maintain books as prescribed under SC(R)R 1957, SEBI regulations, and stock exchange requirements.

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