n NISM Certifications
XIII NISM Series XIII
Medium

The main reason for using 'Options' instead of 'Futures' is:

Practice question from NISM Series XIII for SIF - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Options provide the right but not obligation to buy/sell

    Correct answer

  2. B

    Options have no expiry date

  3. C

    Futures are more flexible than options

  4. D

    Options always guarantee profit

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

Test yourself for real

Take a full NISM Series XIII mock test.

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