n NISM Certifications
NSM General NISM
Medium

A trading member buys 20 lots of USDINR futures at 74.50 and sells 30 lots at 74.80 on day 1. Settlement prices: day 1 at 75, day 2 at 75.60. What is the MTM profit/loss on day 2?

Practice question from NISM Series I - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Profit Rs 3000

  2. B

    Profit Rs 5500

  3. Loss Rs 6000

    Correct answer

  4. D

    Loss Rs 5500

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.