n NISM Certifications
XIII NISM Series XIII
Medium

If participant buys 20 lots of single bond futures at Rs 97, then contract value _________.

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 42,20,000

  2. B

    Rs 35,50,000

  3. Rs 38,80,000

    Correct answer

  4. D

    Rs 33,25,000

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

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