n NISM Certifications
VII NISM Series VII
Medium

Interest Rate Futures trading is based on notional 10-year coupon-bearing GOI security. True or False?

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

Options

  1. A

    False

  2. True

    Correct answer

Why this is the answer

Indian IRFs are standardized contracts based on a notional 10-year Government of India bond.

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