n NISM Certifications
VII NISM Series VII
Medium

When must the 'Client-wise Funding Report' be submitted to the National Stock Exchange?

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

Options

  1. Within 7 days from the end of the month

    Correct answer

  2. B

    Within 15 days from the end of the month

  3. C

    Within 30 days from the end of the month

  4. D

    Within 40 days from the end of the month

Why this is the answer

As per NSE’s compliance calendar, brokers must submit the Client-wise Funding Report within seven days of the month-end.

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NISM Series VII Mock Test 3