n NISM Certifications
VIII NISM Series VIII
Medium

Identify the contract which is cleared and settled bilaterally.

Practice question from NISM Series VIII - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A one-month Nifty futures contract

  2. B

    A one-month USDINR options contract

  3. A 3-month forward contract to buy Swiss Francs against the Indian rupee

    Correct answer

  4. D

    A one-month GOI bond futures contract

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

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