Question Paper NISM VIII - DEMO TEST  
  Questions 20
 Welcome Testing

Q. 1  An “authorized person” in the futures & options segment is…
1.  A person authorized by the exchange as an approved user of a trading member
2.  Any person who is acting in any capacity on behalf of the trading member or a participant for any activity relating to the trades done & executed
3.  An approved user of participant
4.  All of the above
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