n NISM Certifications
XIII NISM Series XIII
Medium

Which of the following options presents a true description?A) The price in a forward rate agreement is primarily determined through direct negotiation between the involved parties.B) Interest rate futures contracts derive their prices from the collective bids and offers of market participants on a centralized exchange.

Practice question from NISM Series XIII for SIF - Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Only statement 'A' is true

  2. B

    Only statement 'B' is true

  3. Both statements 'A' and 'B' are true

    Correct answer

  4. D

    Both statements 'A' and 'B' are false

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

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NISM Series XIII for SIF - Mock Test 7