n NISM Certifications
NSM General NISM
Medium

__________ orders will be executed at a favorable price.

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

Options

  1. A

    Immediate or Cancel orders

  2. Limit Orders

    Correct answer

  3. C

    Market Orders

  4. D

    Stop Loss orders

Why this is the answer

Limit orders specify a favorable price and can execute at that price or better.

Test yourself for real

Take a full General NISM mock test.

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