n NISM Certifications
XIII NISM Series XIII
Medium

Client A has purchased 10 contracts of December series and sold 7 contracts of January series of NSE Nifty futures. How many lots are considered as regular (non-spread) open positions?

Practice question from NISM Series XIII for SIF - Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. 3

    Correct answer

  2. B

    7

  3. C

    10

  4. D

    17

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

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