n NISM Certifications
XIII NISM Series XIII
Medium

When futures price for a later month is lower than current month, it is called:

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Reverse Hedging

  2. B

    Contango

  3. C

    Basis

  4. Backwardation

    Correct answer

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

Test yourself for real

Take a full NISM Series XIII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.