n NISM Certifications
XIII NISM Series XIII
Medium

Assuming a base price of 100 and a 1% trading range, what is the permissible opening price for the day?

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

Options

  1. A

    Between 90 and 110

  2. Between 99 and 101

    Correct answer

  3. C

    Below 99

  4. D

    Above 101

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

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