n NISM Certifications
NSM General NISM
Medium

________ is/are traded in Exchange Markets.

Practice question from NISM Series IV - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Futures

  2. B

    Options

  3. Both 1 and 2

    Correct answer

  4. D

    Swaps

Why this is the answer

Futures and Options are standardized contracts traded on exchanges. Swaps are OTC contracts and not exchange-traded.

Test yourself for real

Take a full General NISM mock test.

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