n NISM Certifications
XIII NISM Series XIII
Medium

Mr. Mohanlal buys 40 lots of GBPINR at 99.70 and sells 30 lots at 99.80. Settlement price is 99.60. What is the MTM?

Practice question from NISM Series XIII for SIF - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs 1000 receivable

  2. Rs 1000 payable

    Correct answer

  3. C

    Rs 2000 receivable

  4. D

    Rs 2000 payable

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

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