n NISM Certifications
NSM General NISM
Medium

Who is NOT permitted to participate in the currency futures market?

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

Options

  1. A

    Individuals

  2. B

    Societies

  3. C

    NRI’s

  4. Corporates not having exposure to foreign currencies

    Correct answer

Why this is the answer

Only entities with genuine forex exposure are allowed to participate.

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