n NISM Certifications
VII NISM Series VII
Medium

What is the order called if a trader purchases or sells at the best available price?

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

Options

  1. Market Order

    Correct answer

  2. B

    Limit Order

  3. C

    Stop Order

  4. D

    Auction Order

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

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