n NISM Certifications
VIII NISM Series VIII
Medium

What is the 'ASK PRICE'?

Practice question from NISM Series VIII - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    It is the price at which market maker is prepared to lend

  2. B

    It is the price at which market maker is prepared to buy

  3. It is the price at which market maker is prepared to sell

    Correct answer

  4. D

    It is the price at which market maker is prepared to buy or sell as per market conditions

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

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