n NISM Certifications
XIII NISM Series XIII
Medium

Which of the following correctly describes the closing price of a USDINR futures contract?

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

    The average price for the last half hour of trading

  2. The weighted average price for the last half an hour of trading

    Correct answer

  3. C

    The last traded price

  4. D

    The average price of the bid and ask prices for the last half an hour of trading

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

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