n NISM Certifications
X NISM Series X
Medium

A derivatives contract "FUTIDX NIFTY 26 AUG 2021" expires on:

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    1st September 2021

  2. B

    1st August 2021

  3. 26th August 2021

    Correct answer

  4. D

    25th August 2021

Why this is the answer

The date indicates expiry date.

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