n NISM Certifications
XIII NISM Series XIII
Medium

The right to buy the underlying asset on or before a specific date at a certain price is called a _________.

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

Options

  1. A

    European put option

  2. B

    American put option

  3. American call option

    Correct answer

  4. D

    European call option

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

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