n NISM Certifications
X NISM Series X
Medium

Mrs. Revathi bought a Nifty futures at Rs 16500; end of day settlement Rs 16700, lot size 50. MTM profit/loss?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Loss Rs 10,000

  2. B

    Loss Rs 5,000

  3. Profit Rs 10,000

    Correct answer

  4. D

    Profit Rs 2,500

Why this is the answer

(Rs 16700 – Rs 16500) × 50 = Rs 10,000 profit.

Test yourself for real

Take a full NISM Series X mock test.

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