n NISM Certifications
XIII NISM Series XIII
Medium

Mr. Hitesh’s exposure in index futures (clients: +12 contracts, -10 contracts) is:

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

Options

  1. 22 contracts grossed up

    Correct answer

  2. B

    2 contracts netted

  3. C

    Max of 10 or 12 (which is 12)

  4. D

    The exchange decides

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

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