n NISM Certifications
XIII NISM Series XIII
Medium

If a participant buys 10 lots of JPYINR futures at Rs. 65, then contract value is _________?

Practice question from NISM Series XIII for SIF - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs. 13,00,000

  2. B

    JPY 130000

  3. Rs. 6,50,000

    Correct answer

  4. D

    JPY 65000

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

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