n NISM Certifications
XIII NISM Series XIII
Medium

Indian exporter expects 10,000 GBP in 70 days. Exchange has only 30, 60, 90-day contracts. He wants zero risk. What action?

Practice question from NISM Series XIII for SIF - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Short GBPINR on Exchange

  2. B

    Long GBPINR on Exchange

  3. C

    Long GBPINR on OTC

  4. Short GBPINR on OTC

    Correct answer

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

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