n NISM Certifications
VII NISM Series VII
Medium

Settlement obligations are computed using a predefined methodology specified for the segment/product – True or False?

Practice question from NISM Series VII Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. True

    Correct answer

  2. B

    False

Why this is the answer

The Clearing Corporation calculates settlement obligations using predefined methodologies like netted obligation, trade-to-trade obligation, and daily mark-to-market settlement, depending on the segment/product.

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