n NISM Certifications
VII NISM Series VII
Medium

The regulatory compliances of Authorised Persons are monitored by ______.

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

Options

  1. A

    Custodian

  2. B

    Stock Broker

  3. C

    Stock Exchange

  4. SEBI

    Correct answer

Why this is the answer

SEBI registers and regulates stock brokers and Authorised Persons to ensure proper compliance with securities laws.

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