n NISM Certifications
XIII NISM Series XIII
Medium

USDINR 3-month futures is at ₹81.40, 6-month at ₹82.10. Expect to move to ₹81.20 and ₹82.20, respectively. What is the profit per lot?

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

Options

  1. A

    ₹400

  2. B

    ₹600

  3. C

    ₹450

  4. ₹300

    Correct answer

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

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