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NISM Series XIII Mock Test 1

NISM Series XIII Exam | Mock Test 1

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1. Futures contracts are:

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2. Index derivatives are based on:

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

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

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5. A call option gives the holder the:

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6. Which of these is true about a European Option?

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

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

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

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10. At-the-money option means:

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11. The initial margin is collected to:

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12. Arbitrage means:

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

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14. Which of the following is a Bullish strategy?

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

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

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17. If Delta = 0.6, spot moves ₹10, option premium moves:

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18. Option premium increases with:

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19. Intrinsic value of a call option =

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

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

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

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23. Maximum loss for a short straddle is:

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24. Which of the following is a derivative instrument?

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25. Protective put strategy includes:

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26. A covered call strategy involves:

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

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

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29. Who is a hedger in the derivatives market?

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

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31. A derivative derives its value from:

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32. Which strategy profits from low volatility?

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33. Long straddle involves

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34. Mark-to-market losses are settled:

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

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36. Profit for call option buyer =

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37. Futures trading helps in:

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38. Hedging using futures helps to:

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

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40. Mark-to-market margin is calculated:

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41. Shorting in derivatives means:

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42. Margin money in futures contracts is meant to:

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43. If futures price are lower than the spot price of an asset, market participants may expect the spot price to come down in the future. This situation is called -

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

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45. In India, index derivatives are available on:

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46. A speculator aims to:

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47. Which one of the following statements is FALSE?

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

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49. A put option becomes profitable when:

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50. Exposure margin is collected for:

Your score is

The average score is 59%

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This NISM Series XIII 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 Mock Test
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