n NISM Certifications
XV NISM Series XV
Medium

The Securities Contracts (Regulation) Act, 1956 covers:

Practice question from NISM XV Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Corporatization/demutualization of stock exchanges

  2. B

    Power to suspend business of recognized exchanges

  3. C

    Power to prohibit undesirable speculation

  4. All of the above

    Correct answer

Why this is the answer

SCRA regulates stock exchanges, including corporatization/demutualization, suspension of exchanges, and prevention of undesirable speculation.

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