NISM Series III-C Practice Questions - NISM Series III-C Securities Intermediaries Compliance (Fund) Certification Exam - NISM Series III-C Practice Questions - NISM Series III-C Securities Intermediaries Compliance (Fund) Certification Exam

Question 1

Which of the following intermediaries is primarily responsible for bringing buyers and sellers of securities together in the secondary market?

Stock brokers Registrars and Share Transfer Agents (RTAs) Custodians of Securities Merchant bankers

Correct Answer:

Stock brokers

Question 2

Under the current Indian regulatory framework, electronic warehouse receipts (e-NWR) representing stored agricultural commodities are primarily regulated by which body?

Forward Markets Commission (FMC) Securities and Exchange Board of India (SEBI) Warehousing Development and Regulatory Authority (WDRA) Reserve Bank of India (RBI)

Correct Answer:

Warehousing Development and Regulatory Authority (WDRA)

Question 3

Which of the following statements is correct regarding Global Depository Receipts (GDRs) and American Depository Receipts (ADRs)?

Both ADRs and GDRs must be denominated in Indian Rupees when issued by domestic companies. ADRs are denominated in US Dollars and traded in the US, whereas GDRs are traded outside the US and can be denominated in multiple currencies. GDRs can only be traded on European exchanges and cannot be listed on multiple exchanges globally. ADRs allow domestic investors in India to buy shares of overseas companies directly in Indian Rupees.

Correct Answer:

ADRs are denominated in US Dollars and traded in the US, whereas GDRs are traded outside the US and can be denominated in multiple currencies.

Question 4

Which of the following represents a key legal and operational distinction between Warrants and Options?

Warrants grant the holder an obligation to purchase shares, whereas options grant only the right without obligation. Options are long-term instruments with maturities extending up to 15 years, while warrants always expire within 90 days. Warrants are traded exclusively in the over-the-counter (OTC) market, whereas options are traded exclusively on spot markets. Warrants are issued directly by the underlying company and result in share dilution upon exercise, whereas options are standardized exchange-traded contracts between third parties.

Correct Answer:

Warrants are issued directly by the underlying company and result in share dilution upon exercise, whereas options are standardized exchange-traded contracts between third parties.

Question 5

In the Indian financial system, what is the primary criteria used to distinguish Money Market instruments from Capital Market instruments?

The regulatory body, with Money Market instruments regulated by SEBI and Capital Market instruments by RBI. The currency of denomination, with Money Market instruments denominated exclusively in foreign currency. The maturity period of the instruments, with Money Market instruments having a maturity of up to one year. The physical vs. electronic nature, with Money Market instruments issued only in physical form.

Correct Answer:

The maturity period of the instruments, with Money Market instruments having a maturity of up to one year.

Question 1

Exam overview

About this Exam

Prepare with the NISM Series III-C Practice Questions - NISM Series III-C Securities Intermediaries Compliance (Fund) Certification Exam practice quiz. This question bank includes 100 questions covering sebi, regulations, securities, intermediary, and intermediaries. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

More details

Additional Information

NISM Series III-C Practice Questions - NISM Series III-C Securities Intermediaries Compliance (Fund) Certification Exam

This practice set contains 100 questions from the matching question bank and focuses on sebi, regulations, securities, intermediary, and intermediaries. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

Quiz information

Frequently Asked Questions

The complete question count is available after full access is unlocked.

No fixed duration is currently configured for this quiz.

Question explanations are included where they are available in the quiz content, helping you review the reasoning after answering.

Yes. You can retake the practice test again as you continue studying during your available access period.

After your access is confirmed, you can continue into the complete practice exam from this quiz flow.

Unless explicitly stated otherwise, this page provides independent practice material for study and exam preparation and is not the official examination itself.

Keep studying

Correct Answer:

Correct Answer:

Correct Answer:

Correct Answer:

Correct Answer:

About this Exam

Additional Information

NISM Series III-C Practice Questions - NISM Series III-C Securities Intermediaries Compliance (Fund) Certification Exam

Frequently Asked Questions

Related Questions

ACE THE 106 SURFACE OBSERVATION FUNDAMENTALS PRACTICE EXAM

2026 FFM Agent Broker Certification Practice Exam

3CX Academy Advanced Certification Practice Exam

3CX Academy Basic Certification Practice Exam

3CX Intermediate Certification Practice Exam

402 Fundamentals Exam 1 Practice Exam