n NISM Certifications
VII NISM Series VII
Medium

Which details are provided by institutional clients/FIIs to the custodians?

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

Options

  1. A

    Name of the security

  2. B

    Quantity ordered

  3. C

    Price range

  4. All of the above

    Correct answer

Why this is the answer

Institutional clients/FIIs provide custodians with all transaction details including security name, quantity, and price range for proper execution.

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