NISM-Series-VII exam dumps

NISM NISM-Series-VII Value Package

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  • Exam Code: NISM-Series-VII
  • Exam Name: NISM Series VII - Securities Operations and Risk Management Certification
  • No. of Questions: 334 Questions and Answers
  • Updated: Oct 16, 2026

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NISM NISM-Series-VII Exam Syllabus Topics:

SectionObjectives
Depository Operations- Demat account framework
  • 1. Account opening and maintenance
    • 2. NSDL and CDSL roles
      - Corporate actions
      • 1. Dividends, bonuses, splits
        • 2. Record dates and entitlement processing
          Risk Management in Securities Markets- Risk mitigation systems
          • 1. Surveillance and compliance mechanisms
            • 2. Margins and collateral systems
              - Market and operational risk
              • 1. Types of financial risks
                • 2. Operational risk controls
                  Clearing and Settlement- Clearing mechanisms
                  • 1. Netting and settlement obligations
                    • 2. Clearing corporations and counterparties
                      - Settlement systems
                      • 1. T+1/T+2 settlement cycles
                        • 2. Margining and risk adjustments
                          Securities Market Operations- Trading process
                          • 1. Order execution and trade lifecycle
                            • 2. Trade confirmation and reporting
                              - Market participants and structure
                              • 1. Roles of brokers, exchanges, and investors
                                • 2. Order types and trading mechanism basics

                                  NISM-Series-VII Practice Questions: Answers

                                  The NISM Series VII - Securities Operations and Risk Management Certification exam requires a score of 60% to pass, and the official registration fee is INR 1500. Knowing both numbers before you register keeps your preparation budget realistic.

                                  The NISM Series VII - Securities Operations and Risk Management Certification practice questions are organized around the official exam objectives. Key topics include:

                                  • Depository Operations ()
                                  • Securities Market Operations ()
                                  • Risk Management in Securities Markets ()

                                  A systematic pass through these topics covers the syllabus end to end.

                                  You can register for the NISM Series VII - Securities Operations and Risk Management Certification exam through the official channels:

                                  The NISM Series VII - Securities Operations and Risk Management Certification exam is scored on a scale where 60% is required to pass, and the official exam fee is INR 1500.

                                  No formal prerequisite required

                                  You can confirm the current eligibility requirements on the official NISM-Series-VII exam page before you register.

                                  Our experts review the question bank every day, and whenever a new version is released, our system sends it to your email automatically — no request needed. If an update ever seems to go missing, check your junk or spam folder first, since automated messages occasionally land there; contact us if it truly never arrived.

                                  Many candidates combine practice questions with official training. Recommended options include:

                                  The NISM Series VII - Securities Operations and Risk Management Certification exam contains 100 questions, and you will have 120 minutes minutes to complete them. Practicing under these exact constraints makes the real exam feel like one more rehearsal.

                                  Yes. If anything about the updated material or your preparation is unclear, you can contact our experts directly after purchase. They will work through your question and offer professional advice on how to approach the material, so the product comes with guidance, not just files.

                                  This package includes 334 practice questions for the NISM Series VII - Securities Operations and Risk Management Certification exam. Every answer is verified by an experienced team of experts, so you can trust what you study.

                                  NISM Series VII - Securities Operations and Risk Management Certification Sample Questions:

                                  In the context of Back Office Operations, specifically regarding 'Trade Enrichment', which of the following best describes the process that occurs automatically after trade execution to prepare for clearing and settlement?

                                  • A. The splitting of a single institutional order into multiple sub-accounts based on deal sheets provided by the front office.
                                  • B. The automatic appending of brokerage rates, GST, stamp duty, and Securities Transaction Tax (STT) to the raw trade data.
                                  • C. The manual verification of the 'INST' Custodial Participant code against the clearing member's exposure limits.
                                  • D. The generation of a unique client code (IJCC) and mapping it to the client's PAN before the order is routed to the exchange.
                                  • E. The netting of buy and sell positions to determine the final open position for the purpose of margin calculation.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  Explanation: Only visible for Actual4Labs members. You can sign-up / login (it's free).

                                  When a stock broker undertakes 'Video In-Person Verification' (VIPV) for client on-boarding through a digital medium, which of the following operational conditions must be strictly ensured?

                                  • A. The intermediary shall ensure that the photograph downloaded through the Aadhaar authentication process matches with the investor in the VIPV.
                                  • B. The VIPV process can be fully automated using Artificial Intelligence without the need for any authorized official's interaction.
                                  • C. The client is not required to display the officially valid document in the video if Aadhaar e-KYC is used.
                                  • D. The VIPV must be conducted offline and the recording uploaded to the KRA system later.
                                  • E. The VIPV recording is optional if the client provides a digitally signed self-declaration.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

                                  Explanation: Only visible for Actual4Labs members. You can sign-up / login (it's free).

                                  What is the primary benefit of 'Interoperability' among Clearing Corporations for a Clearing Member (CM)?

                                  • A. It mandates the CM to maintain separate settlement accounts for each Exchange, thereby segregating risk.
                                  • B. It enables the CM to select a single Clearing Corporation to clear and settle trades executed on multiple stock exchanges.
                                  • C. It allows the CM to execute trades on the Exchange without maintaining a Base Minimum Capital.
                                  • D. It allows the CM to act as a Custodian for institutional clients without separate registration.
                                  • E. It guarantees that the CM will receive interest on the cash component of the Core Settlement Guarantee Fund.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  Explanation: Only visible for Actual4Labs members. You can sign-up / login (it's free).

                                  Identify the trading sessions or mechanisms that are explicitly NOT applicable under the T+0 settlement cycle. (Select all that apply)

                                  • A. Auction Session
                                  • B. Pre-open Session
                                  • C. Post Close Session
                                  • D. Early Pay-in via Block Mechanism
                                  • E. Continuous Trading Session
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B,C  🗳️

                                  Explanation: Only visible for Actual4Labs members. You can sign-up / login (it's free).

                                  Indian Depository Receipts (IDRs) allow foreign companies to raise funds from the Indian securities markets. Which of the following statements accurately reflects the rules regarding the redemption or conversion of IDRs into underlying equity shares?

                                  • A. Two-way fungibility is strictly prohibited for IDRs.
                                  • B. IDRs can only be converted into underlying shares if the issuer is a US-based company.
                                  • C. Redemption is permitted only after 3 years from the date of listing.
                                  • D. Redemption/Conversion is permitted after 1 year from the date of listing of the IDRs.
                                  • E. Redemption is permitted immediately upon listing of the IDRs.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

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