n NISM Certifications
VII NISM Series VII
Medium

No adjustment in Equity F&O strike price will be made for ________ dividends.

Practice question from NISM Series VII Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Ordinary

    Correct answer

  2. B

    Special

  3. C

    Extraordinary

Why this is the answer

Dividends below 2% of the market value of the underlying stock are treated as ordinary dividends and do not warrant any strike price adjustment in Equity F&O contracts.

Test yourself for real

Take a full NISM Series VII mock test.

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