Mock Test NISM Series VIII Equity Derivatives Certification Exam -

Created on May 11, 2021

Mock test NISM Series (VIII) Equity Derivative

NISM Equity Derivatives Exam Pattern

NISM Series (VIII) Equity Derivatives Examination Pattern
Exam Fees	Rs. 1500 +
Test Duration	2 Hours (120 Minutes)
Total Questions	100 Questions
Maximum Marks	100 marks
Passing Marks	60% (60 Marks)
Negative Marking	– 25% of the marks assigned to the question

NISM Equity Derivatives Exam Syllabus Outline

Units	Chapter Name
Unit 1	Basics of Derivatives
Unit 2	Understanding Index
Unit 3	Introduction to Forwards and Futures
Unit 4	Introduction to Options
Unit 5	Option Trading Strategies
Unit 6	Introduction to Trading Systems
Unit 7	Introduction to Clearing and Settlement system
Unit 8	Legal and Regulatory Environment
Unit 9	Accounting and Taxation
Unit 10	Sales Practices and Investors Protection Services

1 / 10

In an equity scheme, fund can hedge its equity exposure by selling stock index futures.

True

False

2 / 10

Margins in 'Futures' trading are to be paid by

seller

both the above

buyer

3 / 10

A derivative is a financial contract that derives its value from an underlying asset.

True

False

4 / 10

A calendar spread contract in index futures attracts

Both of the above

Lower margin than sum of two independent legs of futures contract

Higher margin than sum of two independent legs of futures contract

5 / 10

Financial derivatives provide the facility for

Arbitraging

Hedging

All of the above

Trading

6 / 10

Impact cost is low when the liquidity in the system is poor.

True

False

7 / 10

Arbitrage is the simultaneous purchase and sale of an asset to profit from an imbalance in the price.

False

True

8 / 10

When the near leg of the calendar spread transaction on index futures expires, the farther leg becomes a regular open position.

True

False

9 / 10

An index option is a

Cash market product

Money market instrument

10 / 10

Operational risks include losses due to

Inadequate disaster planning

Income tax regulations

Government policies

Your score is

The average score is 84%

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