n NISM Certifications
NSM General NISM
Medium

Only American-style currency options are traded on exchanges. State True or False:

Practice question from NISM Series I - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    True

  2. False

    Correct answer

Why this is the answer

In India, all exchange-traded currency options are European style, exercisable only at expiry.

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