n NISM Certifications
XIII NISM Series XIII
Medium

Investor Mr. X wants to sell 11 contracts of Feb series at Rs.6300 & Y wants to sell 13 contracts of March series at Rs.6450, lot size 50, margin fixed at 6%. How much margin?

Practice question from NISM Series XIII for SIF - Mock Test 11 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs.251,550

  2. Rs.459,450

    Correct answer

  3. C

    Rs.640,000

  4. D

    Rs.374,900

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

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