NISM NISM Series I: Currency Derivatives Certification
No login • No registration • 100% Free
Topics Covered in This Mock Test
- ✅ Forex Market Basics
- ✅ Currency Futures
- ✅ Currency Options
- ✅ Hedging Strategies
- ✅ FEMA & Regulations
- ✅ Interest Rate Parity
All questions are based on the official NISM Series I syllabus. Questions are shuffled on every attempt. Explanations are shown after each answer.
Why Use This Mock Test?
Simulates real exam conditions
Learn why each answer is correct
See which topics need more work
Different order every attempt
0.25 deduction — exactly like the real exam
No login, no payment, ever
Frequently Asked Questions — NISM Series I
NISM Series I is mandatory for currency derivatives dealers, traders, and sales persons working with currency futures and options on NSE/BSE currency segments.
The standard lot size for USD/INR currency futures contracts on Indian exchanges is USD 1,000 per contract.
Currency derivatives in India are cash-settled in Indian Rupees. Settlement is based on the RBI reference rate (FBIL fixing) on the expiry date.