Options
-
True
Correct answer
- B
False
Why this is the answer
Normally, securities purchased are first credited to the broker’s demat account. However, brokers may request the Clearing Corporation to directly deliver securities to the client’s demat account for efficiency.
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.