'/><rect width='800' height='360' fill='url(%23dots)'/><g transform='translate(180 90)'><rect x='0' y='40' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.18' transform='rotate(-6 140 105)'/><rect x='10' y='30' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.35' transform='rotate(-2 150 95)'/><rect x='20' y='20' width='280' height='130' rx='10' fill='%23ffffff' fill-opacity='0.95'/><circle cx='160' cy='85' r='28' fill='none' stroke='%23FF801E' stroke-width='3' stroke-opacity='0.5'/><text x='160' y='95' font-size='34' font-weight='900' fill='%23FF801E' text-anchor='middle' font-family='Arial,sans-serif'>₹</text><rect x='40' y='40' width='80' height='5' rx='2' fill='%23FF801E' fill-opacity='0.3'/><rect x='40' y='130' width='100' height='5' rx='2' fill='%23FF801E' fill-opacity='0.3'/><g transform='translate(330 100)'><ellipse cx='0' cy='30' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.4'/><ellipse cx='0' cy='15' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.6'/><ellipse cx='0' cy='0' rx='28' ry='8' fill='%23ffffff' fill-opacity='0.95'/><text x='0' y='4' font-size='12' font-weight='800' fill='%23FF801E' text-anchor='middle' font-family='Arial,sans-serif'>₹</text></g></g></svg>)
Options
- A
Demand-supply mismatch
- B
Assets-liabilities mismatch
- C
Stable market
-
Underlying asset
Correct answer
Why this is the answer
Derivatives derive their value from an underlying asset, which could be commodities, financial instruments, or other assets.
Test yourself for real
Take a full NISM Series X mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.