n NISM Certifications
X NISM Series X
Medium

Which feature of a securities transaction grants it regulatory jurisdiction by the central government?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    It is a monetary transaction

  2. B

    It is between persons

  3. C

    It is between individual entities

  4. All of the above

    Correct answer

Why this is the answer

All these features qualify securities transactions under the regulatory scope of the Central Government, as per the Securities Contracts Regulation Act.

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