Free Mock Test NISM Currency Derivatives -Test-3

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Free Mock Test NISM Currency Derivatives -Test-3

NISM Series (I) Currency Derivatives Examination Pattern
Exam FeesRs. 1500 +
Test Duration2 Hours (120 Minutes)
Total Questions100 Questions
Maximum Marks100 marks
Passing Marks60% (60 Marks)
Negative Marking– 25% of the marks assigned to the question


NISM Currency Derivatives Exam Syllabus Outline

UnitsChapter Name
Unit 1Introduction to Currency Markets
Unit 2Foreign Exchange Derivatives
Unit 3Exchange Traded Currency Futures
Unit 4Strategies Using Currency Futures
Unit 5Trading in Currency Futures
Unit 6Clearing, Settlement and Risk Management in Currency Futures
Unit 7Exchange Traded Currency Options
Unit 8Accounting and Taxation
Unit 9Regulatory Framework for Currency Derivatives

1 / 10

As a trader you believe EURUSD will move from 1.12 to 1.18 in next 2 months. Which of the following would you do to execute this view using currency futures contract of EURINR and USDINR?

2 / 10

A branch manager can define limits for____

3 / 10

The final settlement price of a currency futures contract is the ____ on the last trading day of the futures contract.

4 / 10

A derivatives contract can exist without an Underlying be it equity, interest rate etc.

5 / 10

Which of the following segments of market participants are not allowed to trade in currency futures?

6 / 10

What is the standard settlement convention for foreign exchange spot traders?

7 / 10

Which term best describes EUR currency?

8 / 10

The proper size of the hedging position in basic approach is

9 / 10

Extreme loss margin is computed at ____ on the mark-to-market value of the Gross Open position for USD / INR contract.

10 / 10

The amount of asset that has to be delivered under one contract is the

Your score is

The average score is 84%


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