NISM Certifications · NISM-Series-VII: Securities Operations and Risk Management · Investor Grievances and Arbitration
An investor has a complaint against a trading member and wants to lodge it online against a listed company or intermediary through the SEBI-run web-based system. What is this system called?
The system is SCORES, the SEBI Complaints Redress System. It is a centralised web-based platform where investors lodge complaints against listed companies and registered intermediaries and monitor action taken, unlike STP, NEAT or SPAN, which relate to processing, trading and margining.
- ASCORESCorrect
- BSTP
- CNEAT
- DSPAN
Explanation
SCORES (SEBI Complaints Redress System) is the centralised web-based platform where investors lodge complaints against listed companies and registered intermediaries and track their status. STP relates to straight-through processing, NEAT was an NSE trading system, and SPAN is a margin computation methodology.
Did you get it right without looking?
One question tells you little. A timed set on Investor Grievances and Arbitration shows your real accuracy, how long you take and where you lose marks.
More Investor Grievances and Arbitration questions
- A client of a stock broker has a complaint that the broker has not resolved. Through which SEBI-created platform can the investor lodge this…
- Which of the following statements about the Investor Protection Fund (IPF) maintained by a stock exchange is correct?
- Rahul has a dispute with his stock broker about a trade executed on the exchange. He is dissatisfied with the broker's reply and wishes to s…
- Ravi has a dispute with his trading member that the member has not resolved. Under the exchange investor grievance framework, what is the us…
- Under the exchange arbitration mechanism, a client who is dissatisfied with an arbitration award passed by the arbitrators may generally do …
- A client of a broker first approaches the broker with a complaint and receives no satisfactory reply. What is the usual next step available …