Practice Set - 1 | Practice Set | NISM Series XVI: Commodity Derivatives Certification Examination

Question 1

Margin in trading is:

Question 2

If market moves against trader, stop-loss order:

Question 3

Settlement price is determined at:

Question 4

Open interest represents:

Question 5

Volume in trading refers to:

Question 6

Initial margin is required to:

Question 7

If a trader places multiple orders at same price, priority is based on:

Question 8

A trader places large order affecting price significantly. This is:

Question 9

Mark-to-market (MTM) refers to:

Question 10

Which order type is activated only after reaching a trigger price?

Question 11

A limit order is executed:

Question 12

If margin falls below maintenance level, trader must:

Question 13

Which risk is reduced by clearing house?

Question 14

If no matching order exists, a limit order will remain in the order book.

Question 15

Trading members are authorized to:

Question 16

Clearing house ensures:

Question 17

Which participant ensures smooth settlement process?

Question 18

Order matching in exchanges is based on:

Question 19

Which mechanism ensures transparency in trading?

Question 20

Intraday trading means:

Question 21

If no trades occur, settlement price may be based on:

Question 22

If both buyer and seller close position, open interest:

Question 23

Commodity exchanges operate primarily through:

Question 24

If losses exceed margin, trader must:

Question 25

Which order guarantees price but not execution?

Question 26

Clearing house acts as counterparty to both buyer and seller.

Question 27

A market order is executed at:

Question 28

Which order guarantees execution but not price?

Question 29

If buy order price is higher than sell order price, trade:

Question 30

A stop-loss order is used to:

Question 31

A trader places order but cancels before execution. This is:

Question 32

Order book contains:

Question 33

Delivery in commodity trading refers to:

Question 34

Practice Set - 1