n NISM Certifications
XIII NISM Series XIII
Medium

At a price level of Rs. 6300, what will be the value of one lot of ABC futures contract (Contract multiplier 50)?

Practice question from NISM Series XIII for SIF - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs. 5,00,000

  2. B

    Rs. 3,15,000

  3. Rs. 6,30,000

    Correct answer

  4. D

    Rs. 4,25,000

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

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