0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 10: Code of Conduct and Investor Protection Measures The number of attempts remaining is 10 1 / 38 1. What type of advice can brokers provide to clients? a. Advice unrelated to the client’s investments b. False or misleading advice to generate commission […]
Chapter 9: Accounting and Taxation
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 9: Accounting and Taxation The number of attempts remaining is 10 1 / 29 1. Who is liable to pay Commodities Transaction Tax (CTT)? a. Sellers b. Purchasers c. Exchanges d. Brokers CTT is levied on sellers of futures and options contracts. 2 […]
Chapter 8: Legal and Regulatory Environment
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 8: Legal and Regulatory Environment The number of attempts remaining is 10 1 / 29 1. What actions can SEBI take against defaulting intermediaries? a. Both and b. None of the above c. Imposing penalties d. Initiating adjudication proceedings SEBI can impose penalties […]
Chapter 7: Clearing, Settlement and Risk Management
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 7: Clearing, Settlement and Risk Management The number of attempts remaining is 10 1 / 92 1. What happens after the end of the trading session? a. Net obligation report b. Trading members download files c. Margin utilization d. Clearing members communicate After […]
Chapter 6: Trading Mechanism
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 6: Trading Mechanism The number of attempts remaining is 10 1 / 77 1. What does the disclosure of physical stock in warehouses indicate? a. Open interest conversion into deliveries b. Availability of stock for delivery c. Market liquidity d. Market volatility The […]
Chapter 5: Uses of Commodity Derivatives
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 5: Uses of Commodity Derivatives The number of attempts remaining is 10 1 / 53 1. In a bull call spread, what happens if the price remains below Rs 50,500 on the date of expiry? a. The investor exercises the options at Rs […]
Chapter 4: Commodity Options
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 4: Commodity Options The number of attempts remaining is 10 1 / 50 1. Which option pricing model does not rely on calculation by iteration and uses five key determinants of an option’s price? a. Black-Scholes model b. Vasicek model c. Binomial pricing […]
Chapter 3: Commodity Futures
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 3: Commodity Futures The number of attempts remaining is 10 1 / 91 1. What are some examples of exotic commodity products? a. Speculative contracts, hedging contracts, and spot contracts b. Barter contracts, spot contracts, and forward contracts c. Rice contracts, wheat contracts, […]
Chapter 2: Commodity Indices
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 2: Commodity Indices The number of attempts remaining is 10 1 / 54 1. How can geo-political developments impact commodity prices? a. By causing disruptions in supply b. By affecting currency movement c. By influencing demand and supply d. By determining interest rates […]
Chapter 1: Introduction to Commodity Markets
0% 0 votes, 0 avg 0 NISM XVI- Commodity Derivatives Certification Chapter 1: Introduction to Commodity Markets The number of attempts remaining is 10 1 / 57 1. When did Options expiring into direct delivery of physical commodities start? a. 2010 b. 2017 c. 2022 d. 2020 The passage mentions that in 2020, Options that […]