'/><rect width='800' height='360' fill='url(%23dots)'/><g transform='translate(180 90)'><rect x='0' y='40' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.18' transform='rotate(-6 140 105)'/><rect x='10' y='30' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.35' transform='rotate(-2 150 95)'/><rect x='20' y='20' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.95'/><circle cx='160' cy='85' r='28' fill='none' stroke='%23FF801E' stroke-width='3' stroke-opacity='0.5'/><text x='160' y='95' font-size='34' font-weight='900' fill='%23FF801E' text-anchor='middle' font-family='Arial,sans-serif'>₹</text><rect x='40' y='40' width='80' height='5' rx='2' fill='%23FF801E' fill-opacity='0.3'/><rect x='40' y='130' width='100' height='5' rx='2' fill='%23FF801E' fill-opacity='0.3'/><g transform='translate(330 100)'><ellipse cx='0' cy='30' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.4'/><ellipse cx='0' cy='15' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.6'/><ellipse cx='0' cy='0' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.95'/><text x='0' y='4' font-size='12' font-weight='800' fill='%23FF801E' text-anchor='middle' font-family='Arial,sans-serif'>₹</text></g></g></svg>)
Options
- A
Forwards
- B
Swaps
-
Both 1 and 2
Correct answer
- D
None of the above
Why this is the answer
Forwards and swaps are customized contracts traded privately between parties in the OTC market. They are not traded on exchanges.
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.