n NISM Certifications
VII NISM Series VII
Medium

The minimum net worth requirement for a stockbroker is prescribed by _______.

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

Options

  1. A

    RBI

  2. SEBI

    Correct answer

  3. C

    Ministry of Finance

  4. D

    NSE

Why this is the answer

SEBI sets financial, operational, and compliance standards for brokers, including minimum net worth requirements, to ensure market stability.

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