NISM Series XIII Mock Test 2

NISM Series XIII Exam | Mock Test 2

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1. Option premium =

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2. If underlying stock falls, the price of a call option:

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3. A hedger uses derivatives to:

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4. Which type of trader uses technical indicators for entry/exit?

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5. A bullish investor should ideally:

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6. If Vega is high, then:

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7. If option delta = 0.6 and stock rises by ₹10, option gains by:

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8. Which one is a synthetic long call strategy?

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9. An investor has a long call with strike ₹100 and premium ₹5. Breakeven =

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10. A trader shorted a future at ₹1,000. Price rose to ₹1,050. The loss is:

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11. If an investor has grievances, they should approach:

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12. Investor protection fund is maintained by:

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13. Which of these documents is mandatory for derivative account opening?

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14. A person can trade in derivatives only through:

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15. AML stands for:

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16. KYC norms are applicable to:

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17. Derivative contracts must be:

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18. Penalty for insider trading is governed under:

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19. Which act empowers SEBI to regulate securities markets?

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20. Which of these regulators governs derivatives trading in India?

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21. The role of the Clearing Corporation includes all EXCEPT:

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22. If a clearing member defaults, the risk is handled by:

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23. Final settlement price of index futures is based on:

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24. Funds and securities are transferred between:

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25. Which of the following ensures trade matching and settlement?

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26. Clearing members are responsible for:

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27. SPAN margin is used to:

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28. Initial margin is calculated using:

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29. Daily margin collected to cover mark-to-market losses is called:

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30. Which institution guarantees settlement in exchange-traded derivatives in India?

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31. Cost of carry can be negative when:

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32. What happens to cost of carry as time to expiry increases?

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33. The no-arbitrage price of a future assumes:

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34. Dividend yield impacts which type of futures pricing most directly?

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35. Reverse cash-and-carry arbitrage is used when:

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36. Cash-and-carry arbitrage is possible when:

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37. Which of the following is true for index futures?

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38. If the interest rate increases, futures prices:

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39. Cost of carry includes:

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40. The futures price is generally:

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41. An investor expecting high volatility but uncertain direction may choose:

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42. Which of the following positions has unlimited loss potential?

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43. Rho measures the sensitivity of an option to changes in:

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44. Gamma is highest when the option is:

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45. Theta represents:

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46. Vega measures sensitivity of option premium to changes in:

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47. Delta of a call option is typically:

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48. If the strike price of a call is ₹200 and the spot price is ₹250, the option is:

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49. Which of the following decreases as expiration approaches, assuming all else remains constant?

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50. Time value of an option is highest when:

Your score is

The average score is 68%

0%

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.

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