n NISM Certifications
NSM General NISM
Medium

Which can be bought or sold for Govt Bond futures?

Practice question from NISM Series IV - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs 1 lakh

  2. B

    Rs 3 lakh

  3. Rs 6 lakh

    Correct answer

  4. D

    Rs 9 lakh

Why this is the answer

Contract size is Rs 2 lakh; multiples of 3 lots (Rs 6 lakh).

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