n NISM Certifications
VIII NISM Series VIII
Medium

On final settlement, the buyer/holder of the option will recognize the favorable difference received from the seller/writer as ______ in the profit and loss account.

Practice question from NISM Series VIII - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Income

    Correct answer

  2. B

    Expense

  3. C

    Loan

  4. D

    Amortization

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

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