n NISM Certifications
VII NISM Series VII
Medium

The Register of Transactions includes which type of transactions?

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

Options

  1. A

    Transactions below Rs 1,00,000

  2. B

    Only high-value transactions

  3. C

    Alternate transactions

  4. All transactions

    Correct answer

Why this is the answer

The register of transactions (also called the sauda book) must include all transactions, listing the security name, value, rates (gross and net of brokerage), and client details.

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