n NISM Certifications
VII NISM Series VII
Medium

Dynamic price bands are applicable on ________.

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

Options

  1. A

    Only index futures

  2. B

    Only stock futures

  3. Both index and stock futures

    Correct answer

  4. D

    All scrips listed on NSE

Why this is the answer

Dynamic price bands are set at ±10% of the previous closing price for index and stock futures. Exchanges may relax these by further 5% increments in case of wide movement.

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