n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is an example of 'Financial Derivative'?

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

Options

  1. A

    Savings account deposit

  2. Stock options

    Correct answer

  3. C

    Fixed deposit

  4. D

    Currency notes

Why this is the answer

Derivatives are financial contracts whose value depends on the price of underlying assets, such as stock options or futures.

Test yourself for real

Take a full NISM Series XXI-A mock test.

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