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| Section | Objectives |
|---|---|
| Trade Life Cycle | - Steps and participants involved in the trade life cycle
|
| Regulatory Framework | - Role of the Securities and Exchange Board of India (SEBI)
|
| Securities Broking Operations | - Front Office, Middle Office and Back Office functions in a Securities Broking Firm
|
| Indian Securities Market | - Overview of the Indian securities market
|
| Investor Grievance Redressal | - Process of investor grievances redressal
|
| Risk Management | - Risk management in a securities broking firm
|
Regarding the limitation period for filing complaints, what is the maximum time period from the 'date of cause of action' within which an investor must lodge a complaint on SCORES, provided they have first approached the concerned entity and are unsatisfied with the response?
Correct Answer: D 🗳️
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In the context of the SEBI Complaints Redress System (SCORES), certain types of complaints are explicitly excluded from its purview Which of the following scenarios represents a complaint that is NOT dealt with through SCORES?
Correct Answer: A 🗳️
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Regarding the facility provided by Clearing Corporations to Clearing Members for the pay-in of securities through NSDL/CDSL, which automated mechanism is available to streamline the process?
Correct Answer: D 🗳️
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To facilitate members in meeting their pay-in obligations for a subsequent settlement on a day with multiple settlements due to holidays, what specific requirement is imposed on Depositories regarding inter-depository transfers?
Correct Answer: C 🗳️
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SEBI has mandated the Direct Pay-out of securities to client demat accounts. What is the specific operational consequence of this mandate regarding the revision of the securities pay-out timing in the T+1 settlement cycle?
Correct Answer: B 🗳️
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