F&o Basic Test - Efa

8 Questions | By Ashishbuch | Updated: Mar 21, 2022 | Attempts: 566

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1.

A Client Sold Nifty 6800 CE April 50 Qty @ 25 i) Calculate Initial Pay off (Payment at the time of transaction) & ii) BEP
- A.
  
  I) Rs 25 paid by the Client & ii) 6775
- B.
  
  I) Rs 25 received by the Client & ii) 6825
- C.
  
  I) Rs 25 received by the Client & ii) 6775
- D.
  
  I) Rs 25 paid by the Client & ii) 6825
2.

Yesterday Bought Axis Bank Futures 250 qty @ 1450 Yesterday Bought Tata Steel Futures 1000 qty @ 415 Yesterday Bought Hexaware Futures 2000 qty @ 165 Yesterday Sold 150 qty (3 lots) Nifty @ 6700 Today's opening rate : Axis Bank 1448, Tata Steel 412, Hexaware 166, Nifty 6675 Calculate P&L if positions sq. up at today's opening rate
- A.
  
  1250 profit
- B.
  
  2250 loss
- C.
  
  2250 profit
- D.
  
  1250 loss
3.

A Client Bought Nifty 6600 CE April 50 Qty @ 25 & Sold 6700 CE April 50 Qty @ 25 What is Client's view ? :
- A.
  
  Bullish
- B.
  
  Neutral
- C.
  
  Bearish
- D.
  
  High Volatility expected
4.

A Client Bought Nifty 6600 PE April 50 Qty @ 25 & Sold 6700 CE 50 Qty @ 25 What is Client's view ? :
- A.
  
  Bullish
- B.
  
  Neutral
- C.
  
  Bearish
- D.
  
  High Volatility expected
5.

A Client Sold Nifty 6700 PE April 50 Qty @ 25 Calculate P&L if Nifty closes at i) 6600 & ii) 6700 on expiry
- A.
  
  I) Rs 25 Profit & ii) No profit
- B.
  
  I) Rs 25 Profit & ii) Rs 25 loss
- C.
  
  I) Rs 75 Profit & ii) Rs 25 loss
- D.
  
  I) Rs 75 Loss & ii) Rs 25 Profit
6.

Client A Bought 6500 PE Nifty April 50 Qty @ 25. Calculate BEP
- A.
  
  6475
- B.
  
  6525
- C.
  
  6500
- D.
  
  6487
7.

Client B Sold 6900 CE Nifty April 50 Qty @ 25. Calculate BEP
- A.
  
  6875
- B.
  
  6900
- C.
  
  6925
- D.
  
  6887
8.

Client A Bought 6500 PE April 50 Qty @ 25 and Client B Sold 6900 CE Nifty 50 Qty @ 25. What is the maximum Profit that they can make if position turns in their favour ?
- A.
  
  Client A - Unlimited, Client B - 25
- B.
  
  Client A- 25, Client B - Unlimited
- C.
  
  Client A - 6425, Client B - Unlimited
- D.
  
  Client A - 6475, Client B - 25