n NISM Certifications
VII NISM Series VII
Medium

The appeal should be disposed of within ____ months from the date of appointment of the appellate panel of such appeal by way of issuing an appellate arbitral award.

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

Options

  1. A

    1

  2. B

    2

  3. 3

    Correct answer

  4. D

    4

Why this is the answer

Appeals against arbitral awards must be resolved within three months from panel appointment.

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NISM Series VII Mock Test 6