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: Nov 02, 2026

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NISM NISM-Series-VII Exam Overview:

Certification Vendor:National Institute of Securities Markets (NISM)
Exam Name:NISM Series VII: Securities Operations and Risk Management Certification Examination
Exam Number:NISM-Series-VII-SORM
Passing Score:60%
Exam Price:INR 1500
Exam Format:Multiple Choice Questions (MCQ), Computer-based Test (CBT)
Exam Duration:120 minutes
Available Languages:English, Hindi
Certificate Validity Period:3 years
Real Exam Qty:100
Recommended Training:NISM Certification Study Resources
NISM Official Workbook - Series VII SORM
Exam Registration:NISM Certification Registration Portal
NISM Official Website
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based test at designated test centers or proctored online mode depending on NISM scheduling
Pre Condition:No formal prerequisite required
Official Syllabus URL:https://www.nism.ac.in

NISM NISM-Series-VII Exam Syllabus Topics:

SectionObjectives
Topic 1: 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
          Topic 2: Clearing and Settlement- Settlement systems
          • 1. T+1/T+2 settlement cycles
            • 2. Margining and risk adjustments
              - Clearing mechanisms
              • 1. Netting and settlement obligations
                • 2. Clearing corporations and counterparties
                  Topic 3: Securities Market Operations- Trading process
                  • 1. Order execution and trade lifecycle
                    • 2. Trade confirmation and reporting
                      - Market participants and structure
                      • 1. Order types and trading mechanism basics
                        • 2. Roles of brokers, exchanges, and investors
                          Topic 4: Depository Operations- Demat account framework
                          • 1. NSDL and CDSL roles
                            • 2. Account opening and maintenance
                              - Corporate actions
                              • 1. Record dates and entitlement processing
                                • 2. Dividends, bonuses, splits

                                  What Working Candidates Ask About NISM-Series-VII Prep

                                  NISM specifies the following prerequisites for the NISM Series VII - Securities Operations and Risk Management Certification: No formal prerequisite required.

                                  Confirm the authoritative details on the official certification page before you register.

                                  As of the latest information, the passing score for the NISM-Series-VII exam is 60% and the fee is INR 1500. NISM sets both, so verify the current figures on the official site before scheduling.

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                                  The NISM Series VII - Securities Operations and Risk Management Certification blueprint centers on these principal domains:

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

                                  Further domains complete the official outline, and our question bank spans every one.

                                  By understanding the constraint first: most of our candidates are office workers, so the NISM-Series-VII bank is elaborately designed for efficiency — focused content with expert-verified answers across the NISM Series VII - Securities Operations and Risk Management Certification objectives, no filler. Safety is engineered in too: payment runs through Credit Card, the world's reliable payment platform, safeguarding the transaction and protecting your interests, so you can buy without misgivings. And because an electronic product cannot be touched before purchase, a free trial download of real bank content lets you see it first — with 24/7 customer service agents ready for any contingency afterward.

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                                  According to the latest exam information, the NISM-Series-VII exam includes 100 questions and lasts 120 minutes minutes. Practicing under the same limit builds the pacing confidence you will want on the day.

                                  Registration goes through the official channels below:

                                  Book your test center or online session early, and let a fixed date organize your preparation.

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

                                  According to the SEBI (Portfolio Managers) Regulations, 2020, which of the following entities is defined as a 'Co-investment Portfolio Manager' and what is the specific restriction on their investment activities?

                                  • A. A non-discretionary portfolio manager who invests only in government securities and money market instruments.
                                  • B. A Manager of a Mutual Fund who invests only in listed securities of investee companies where the Mutual Fund makes investments.
                                  • C. A Portfolio Manager providing services to accredited investors only and investing up to 100% in unlisted securities.
                                  • D. A Manager of a Category I or II AIF who provides services only to investors of such AIFs and makes investments only in unlisted securities of investee companies where such AIFs make investments.
                                  • E. A discretionary portfolio manager who leverages client funds for derivative trading up to 50% of the portfolio value.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

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                                  While the Securities and Exchange Board of India (SEBI) is the primary regulator for the securities market, certain powers under the Securities Contracts (Regulation) Act (SCRA) are exercised concurrently by the Reserve Bank of India (RBI). For which of the following instrument types is this concurrent jurisdiction explicitly applicable?

                                  • A. Real Estate Investment Trusts (REITs)
                                  • B. Infrastructure Investment Trusts (InvITs)
                                  • C. Ready forward contracts in debt securities
                                  • D. Commodity Derivatives
                                  • E. Equity Derivatives settled physically
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

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

                                  A Trading Member (TM) has the following positions in a specific stock futures contract at the end of a trading day:
                                  Proprietary Account: Buy 2000, Sell 1500
                                  Client A: Buy 1000, Sell 1200
                                  Client B: Buy 500, Sell 100
                                  Based on the methodology for determining the open positions of clearing members in the derivatives segment, what is the TM's 'Open Position' for this contract?

                                  • A. 700 contracts (Net Proprietary + Net Client Position)
                                  • B. 900 contracts (Gross Proprietary + Net Client Position)
                                  • C. 500 contracts (Net Proprietary Position only)
                                  • D. 6300 contracts (Gross Buy + Gross Sell of all accounts)
                                  • E. 1100 contracts (Net Proprietary + Absolute Net Client Long + Absolute Net Client Short)
                                  Reveal Solution  Discussion  0

                                  Correct Answer: E  🗳️

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

                                  For un-expired illiquid futures contracts on an individual security, how is the Daily Settlement Price determined by the Clearing Corporation?

                                  • A. It is the weighted average price of the contract during the last half an hour of trading.
                                  • B.
                                  • C. It is based on the closing price of the underlying security in the Capital Market Segment.
                                  • D. It is determined by the FIMMDA / FBIL reference rate.
                                  • E. It is fixed at the previous day's settlement price adjusted for the risk-free interest rate.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

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

                                  Which of the following statements accurately describe the operational guidelines for the Online Dispute Resolution (ODR) mechanism in the Indian Securities Market? (Select all that apply)

                                  • A. If a Market Participant wishes to pursue online arbitration following an unsuccessful conciliation, they must deposit 50% of the admissible claim value with the relevant Mll.
                                  • B. Investors must mandatorily exhaust the SCORES portal process before they can initiate any dispute resolution through the ODR Portal.
                                  • C. The conciliator shall attempt to reach a resolution within 21 calendar days, which can be extended by a maximum of 10 calendar days by consent.
                                  • D. The Market Participant can initiate dispute resolution through the ODR Portal after giving due notice of at least 15 calendar days to the investor.
                                  • E. The ODR Institution must appoint a sole independent and neutral conciliator within 5 days of receipt of the reference.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C,D,E  🗳️

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