n NISM Certifications
VII NISM Series VII
Medium

Uniform Risk Disclosure Documents (RDD) are a compulsory part of the account opening process. True or False?

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    False

  2. True

    Correct answer

Why this is the answer

SEBI mandates RDD as one of six required documents for account opening, ensuring clients understand trading risks.

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