n NISM Certifications
VII NISM Series VII
Medium

The proof of insurance cover must be submitted to the Bombay Stock Exchange within ______ days from the date of policy expiry.

Practice question from NISM Series VII Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. 30

    Correct answer

  2. B

    45

  3. C

    60

  4. D

    90

Why this is the answer

As part of BSE’s compliance requirements, brokers must submit proof of insurance renewal within 30 days after policy expiry.

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NISM Series VII Mock Test 3