n NISM Certifications
V-A NISM Series V-A
Medium

Gold futures contract ________ .

Practice question from NISM Series V A - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Are traded in commodity exchanges

    Correct answer

  2. B

    Are not standardized contracts

  3. C

    Are available through mutual funds

  4. D

    None of the above

Why this is the answer

Gold futures contracts are standardized contracts traded on commodity exchanges like the NCDEX (National Commodity and Derivatives Exchange) or MCX (Multi Commodity Exchange). These contracts allow investors to buy or sell gold at a future date at an agreed price.

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