NISM Series XIII Common Derivatives Certification Exam Notes
Page 176 Of 303
Go to:
Definition of Securities:Includes shares, stocks, bonds, debentures, derivatives, units of collective investment schemes, government securities, electronic gold receipts, and other instruments declared by the Government.
Definition of Derivatives:
Securities derived from debt, shares, loans, commodities, or contracts based on price indices.
Legality of Derivatives:Section 18A of the SC(R)A ensures exchange-traded derivative contracts are legal if traded and settled on recognized exchanges.
RBI-SEBI Standing Technical Committee:Formed to coordinate regulatory roles for currency and interest rate futures.
MODELEXAM® 
www.realsoftinfoplan.com