n NISM Certifications
V-A NISM Series V-A
Medium

When interest rates rise, the price of existing bonds tends to fall. This is because newer bonds offer higher yields, making the older bonds with lower yields less attractive, thus reducing their market value.

Practice question from NISM Series V A - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    True

  2. False

    Correct answer

Why this is the answer

The time stamping machine does not start from serial number 1 every day. Instead, it continues numbering sequentially from the last serial number used the previous day. This ensures continuous and correct tracking of transaction timestamps.

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