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  • Exam Number/Code NISM-Series-VII
  • Product Name NISM Series VII - Securities Operations and Risk Management Certification
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NEW QUESTION: 1
Each individual owning shares in an investment company's fund ________.
A. owns a percentage of the investment company's total portfolio
B. owns a percentage of the investment company
C. owns a few individual investments within the fund
D. owns the right to change the fund composition
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Because the fund is financed and owned by a pool of investors, each investor will be entitled to a portion of the earnings generated by the fund, although no one completely owns the fund. The investment company usually manages the fund composition.

NEW QUESTION: 2
Oracle Solaris 11 limits access to the system with usernames and passwords.
The usernames are held in ___________, and the passwords are held in ___________.
Select the correct pair.
A. /etc/security/policy.conf /etc/passwd
B. /etc/shadow /etc/passwd
C. /etc/passwd /etc/shadow
D. /etc/security /etc/passwd
Answer: C
Explanation:
The /etc/passwd file contains basic user attributes. This is an ASCII file that contains an entry for each user. Each entry defines the basic attributes applied to a user.
/etc/shadow file stores actual password in encrypted format for user's account with additional properties related to user password i.e. it stores secure user account information.
All fields are separated by a colon (:) symbol. It contains one entry per line for each user listed in /etc/passwd file.

NEW QUESTION: 3
Philip Crosby's book ___________ articulates the Four Absolutes of Quality Management.
A. Hygiene Motivation Theory
B. Peopleware
C. Quality is Free
D. Out of Crisis
Answer: C

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