n NISM Certifications
XIII NISM Series XIII
Medium

Sumit buys 1 lot of USDINR futures. The price moves 100 ticks after half an hour. By how much has the contract value changed?

Practice question from NISM Series XIII for SIF - Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Rs 250

    Correct answer

  2. B

    Rs 25

  3. C

    Rs 0.25

  4. D

    Rs 2.5

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

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