n NISM Certifications
VIII NISM Series VIII
Medium

What does 'Near Month' futures contract mean?

Practice question from NISM Series VIII - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The first or current month contract

    Correct answer

  2. B

    The second month contract

  3. C

    The third month contract

  4. D

    The contract expiring after three months

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

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