n NISM Certifications
VII NISM Series VII
Medium

The Base Minimum Capital requirement specified by SEBI for only Proprietary trading without Algorithmic trading is ______.

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs. 5 lacs

  2. Rs. 10 lacs

    Correct answer

  3. C

    Rs. 15 lacs

  4. D

    Rs. 25 lacs

Why this is the answer

SEBI’s Base Minimum Capital Requirements: Proprietary trading without Algo: Rs. 10 Lacs, Client trading without proprietary: Rs. 15 Lacs, Proprietary + client trading without Algo: Rs. 25 Lacs, Any Algo trading: Rs. 50 Lacs

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