CMSA Exam Questions with 100% Correct Answers | Verified | Latest Update | 2025/2026

CMSA Exam Questions with 100% Correct Answers | Verified | Latest Update | 2025/2026 "Relevant body corporate" means a body corporate of which an exchange holding company is a shareholder who, either alone or with any associated person, is entitled to exercise or control the exercise of more than ? % of the aggregate of the nominal amount of all voting shares in the body corporate. - answer-33 "Capital market services" means any service as specified by the Commission under section 76A, but does not include a regulated activity. Is this correct? - answer-yes "Capital market services" means any service as specified by the Commission under section 76A, including any regulated activities. Is this correct? - answer-no The SC has the power to specify any service to be a capital market service. Is this correct? - answer-yes A person providing any capital market service shall apply to be registered under section 76A of CMSA. Is this correct? - answer-yes A person needs not to register to provide any capital market service under section 76A of CMSA. Is this correct? - answer-no Which is correct? a) "clearing house" means a person whose activities or objects include the provision of clearing facilities b) "clearing facilities" means a facility whose activities or objects include the provision of a clearing house - answer-a)? in relation to a derivative, means to discharge the obligations of a person in the long position or short position under a derivative and shall include the discharge of these obligations as a result of the matching up of the derivative with a derivative of the same kind under which the person has assumed an offsetting short position or offsetting long position, as the case may be - answer-close out The SC's power to make regulations include the following activities ? - answer-CMSA 378