n NISM Certifications
XIII NISM Series XIII
Medium

An investor Mr. Shah wants to buy 8 contracts of the January series at Rs 740, and an investor Mr. Patel wants to sell 5 contracts of the February series at Rs 754. The Initial Margin is fixed at 6%. The market lot is 250.

Practice question from NISM Series XIII for SIF - Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs 56,550

  2. B

    Rs 88,800

  3. Rs 1,45,350

    Correct answer

  4. D

    Rs 1,87,600

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

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NISM Series XIII for SIF - Mock Test 10