n NISM Certifications
XXI NISM Series XXI-A
Medium

The 'Bid-Ask Spread' in a security market reflects:

Practice question from NISM XXI A for PMS - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The difference between the highest bid and the lowest ask price

    Correct answer

  2. B

    The total volume traded in a day

  3. C

    The difference between the opening and closing price

  4. D

    The profit margin of a broker

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

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