NISM Series VIII - Equity Derivatives Paper - 09
| Q1.‘ICICI Bank stock call and put option’ belongs to which of the following categories? |
| Cash market product |
| Derivative product |
| Money market product |
| Debt product |
| Q2.When a person enters into a forward contract, the loss that can occur on the position is __. |
| known |
| unknown |
| Q3.A long position in a PUT option can be closed by taking a short position in CALL option. |
| True |
| False |
| Q4.Mr. Mohit buys 3 Call options of strike price 200 when the spot price was 190 at a premium of Rs 16. Will he have to pay STT? |
| Yes |
| No |
| Q5.The open position of a Trading Member is arrived by _____. |
| Adding up all his proprietary positions |
| Adding up all his client's net outstanding positions |
| Adding both - his proprietary positions and all his client's net outstanding positions |
| None of the above |
| Q6.An investor has ICICI Bank shares in his portfolio. He wants to protect against the downside in this stock as he thinks the market may go down. What should he do? |
| Buy ICICI Put Option |
| Buy ICICI Call Option |
| Buy Nifty futures |
| Buy Bank Nifty |
| Q7.A spread that is designed to profit if the prices go down is called __. |
| Hedge Spread |
| Arbitrage Spread |
| Bull Spread |
| Bear Spread |
| Q8.The time value of an option is the difference between _____. |
| its Strike price and premium |
| its strike price and spot price |
| it's premium and spot price |
| it's premium and intrinsic value |
| Q9.In the F&O segment of NSE, one can trade in the following derivative instruments except for ____. |
| index-based futures |
| individual stock options |
| index-based options |
| individual warrant options |
| Q 10.What will be the payoff if a stock future was bought at Rs 100 and sold at Rs 87? The lot size is 1000 shares. |
| NIL |
| 13000 |
| -13000 |
| -8700 |