n NISM Certifications
NSM General NISM
Medium

Exchange-traded currency options in India can be exercised any time on or before maturity — True or False?

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

Options

  1. A

    True

  2. False

    Correct answer

Why this is the answer

Indian currency options are European style, exercisable only at expiry.

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