n NISM Certifications
NSM General NISM
Medium

A trader expects GBPUSD to fall from 1.20 to 1.14 in the next 3 months. How can this view be implemented using GBPINR and USDINR futures in India?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Short GBPINR, Long USDINR

    Correct answer

  2. B

    Long GBPINR, Short USDINR

  3. C

    Short GBPINR

  4. D

    Long GBPINR

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.