n NISM Certifications
XIII NISM Series XIII
Medium

Initial margin is based on ____

Practice question from NISM Series XIII for SIF - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Last 5 days average

  2. VAR calculation

    Correct answer

  3. C

    Fixed percentages (25%, 35%)

  4. D

    Black-Scholes model

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

Test yourself for real

Take a full NISM Series XIII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.