Free Mock Test NISM Currency Derivatives -Test-2

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Free Mock Test NISM Currency Derivatives -Test-2

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

Settlement means actual pay in or pay out to settle the contract.

2 / 10

All futures contracts are settled through exchange of cash in Indian Rupees.

3 / 10

Which term best describes EUR currency?

4 / 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?

5 / 10

A branch manager can define limits for____

6 / 10

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

7 / 10

The limit price is always set higher than the market price.

8 / 10

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

9 / 10

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

10 / 10

Base currency is the first currency in a currency pair.

Your score is

The average score is 76%


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