n NISM Certifications
XIII NISM Series XIII
Medium

Mr. Raj goes long futures at Rs. 58, underlying settles at Rs. 56. Consequence?

Practice question from NISM Series XIII for SIF - Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    No profit or loss

  2. B

    Profit Rs 2

  3. Loss Rs 2 (Correct)

    Correct answer

  4. D

    None of the above

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

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