nismmocktest.in

Question 1 reset

Which of the following correctly describes “hedging”?

Risk reduction

Risk minimization

Risk insurance

Risk elimination

Question 2 reset

The underlying for 10-year bond futures under the current regulations can be theoretically

Notional bond

Actual bond

Both the above

Question 3 reset

The last trading day for the 10-year bond futures is the Last __________ of Contract Month (or the previous trading day if it falls on a holiday).

Wednesday

Thursday

Friday

Saturday

Question 4 reset

Which of the following is the settlement day for 10-year bond futures?

Last business day of the Expiry Month

Two business days after the last trading day

None of these

Question 5 reset

Which of the following is correct about the Conversion Factor?

It adjusts the quantity of Deliverable Bond

It adjusts the price of Deliverable Bond

Question 6 reset

What is the settlement method for 91-day bill futures?

Cash

Physical

Can be cash or physical

Question 7 reset

Conversion Factor adjusts the quantity of Deliverable Bond.

True

False

Question 8 reset

Which of the following statements is true?

Clearing precedes settlement

Settlement precedes settlement

Settlement precedes trade

Question 9 reset

Which of the following statements is true for Netting?

Proprietary trades are offset

Buy and sell trades of the same client are offset

Both the above

Question 10 reset

Which of the following statements is true for Netting?

Buy and sell trades of the different clients are offset

Client trades are offset with proprietary trades

None of these

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