n NISM Certifications
NSM General NISM
Medium

A trader sells 10 lots of USDINR futures at 74.50/74.70, squares off 5 lots at 73.55/73.75. Profit or loss?

Practice question from NISM Series I - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Rs 3750 profit

    Correct answer

  2. B

    Rs 2750 profit

  3. C

    Rs 4300 profit

  4. D

    Rs 2800 loss

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

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