n NISM Certifications
NSM General NISM
Medium

USDINR OTC: 81.40/81.50, Futures: 82.00/82.20. What’s the arbitrage opportunity and profit per USD?

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

Options

  1. A

    Sell OTC, Buy Futures, 65 paise

  2. Buy OTC, Sell Futures, 50 paise

    Correct answer

  3. C

    Buy OTC, Sell Futures, 60 paise

  4. D

    Buy OTC, Sell Futures, 95 paise

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

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