n NISM Certifications
NSM General NISM
Medium

One Basis Point is equal to ________.

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

Options

  1. A

    1%

  2. B

    0.1%

  3. 0.01%

    Correct answer

  4. D

    0.001%

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

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