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NISM Series XIII Mock Test 1

NISM Series XIII Exam | Mock Test 1

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1. If a put is bought at ₹10 premium with a strike of ₹100 and spot is ₹85 at expiry, profit =

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2. Long straddle involves

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3. Which of the following is true about put options?

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4. Which group is NOT allowed to take speculative positions?

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5. A trader sells a future and buys the same stock. He is:

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6. Which strategy benefits from both upward and downward movements?

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7. If spot = ₹100 and futures = ₹110, arbitrageur will:

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8. Profit for call option buyer =

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9. Hedging using futures helps to:

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10. A speculator's aim in derivatives is to:

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11. In India, index derivatives are available on:

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12. Which of the following instruments is used for hedging index exposure?

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13. Which strategy profits from low volatility?

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14. A derivative derives its value from:

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15. Which of the following is a derivative instrument?

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16. Who is a hedger in the derivatives market?

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17. The counterparty risk in exchange-traded derivatives is borne by:

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18. Which of these is NOT a characteristic of a forward contract?

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19. Maximum loss for a short straddle is:

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20. Which of the following is a bullish strategy?

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21. Which one is true about SEBI’s regulation on derivatives?

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22. The expiry day for equity derivatives in India is:

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23. A speculator aims to:

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24. Mark-to-market margin is calculated:

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25. Margin money in futures contracts is meant to:

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26. Futures trading helps in:

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27. The initial margin is collected to:

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28. Option premium is:

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29. Which of these best defines basis in futures trading?

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30. Which of the following is NOT an example of a derivative?

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31. A covered call strategy involves:

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32. Which of these is true about a European option?

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33. If index is volatile, the SPAN margin will:

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34. A put option becomes profitable when:

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35. Exposure margin is collected for:

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36. The maximum loss in buying a call option is:

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37. At-the-money option means:

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38. A call option gives the holder the:

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39. A long futures position means:

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40. Option premium increases with:

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41. Arbitrage means:

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42. Protective put strategy includes:

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43. Mark-to-market losses are settled:

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44. Shorting in derivatives means:

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45. Futures contracts are:

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46. Index derivatives are based on:

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47. The term 'lot size' in derivatives refers to:

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48. Intrinsic value of a call option =

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49. Put option is in-the-money when:

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50. Which one of the following statements is FALSE?

Your score is

The average score is 17%

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This mock test will help you familiarize yourself with the exam format, assess your knowledge, and identify areas that may need further study.

Remember that while mock tests can benefit practice, it’s important to understand the concepts and principles behind each question thoroughly.

Good luck with your preparation for the NISM Series XIII exam!NISM Exam
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