Currency Derivatives: A Beginner’s Module – FAQ’s
Find answers to all the possible questions about the Currency Derivatives: A Beginner’s Module.
What does the exam demystifies?
The Currency Derivatives: A Beginner’s Module exam has been designed with a view to improving awareness about the ‘Currency Derivatives’ product, which has been made available for trading in the Indian securities market in 2009. The exam content is structured to help a beginner understand what the product is, how it is traded and what uses it can be put to.
What is the target audience for the exam?
The exam is targeted towards the following mentioned audience:
- Firstly, students
- Secondly, teachers
- Thirdly, bankers
- Fourthly, Corporate Executives
- Employees of Export/Import Houses
- Also, analysts
- Furthermore, employees of Brokers and Sub-brokers
- Lastly, anybody having an interest in the Indian Securities Market
How do I register for the exam?
Candidates can register online by accessing the link ‘Online Registration’ available under Education>Certifications>Online Register / Enroll.
What are the objectives of the exam?
For the test, the course outline includes:
- Firstly, Derivatives as a Risk Management Tool
- Secondly, Currency Markets
- Thirdly, Currency Futures
- Fourthly, Strategies using Currency Futures
- Also, NSE’s Currency Derivatives Segment
- Lastly, Trading, Clearing, Settlement and Risk Management
How long is the duration of the exam?
The exam duration is 120 minutes.
What is the total number of questions in the exam?
The total number of questions in the exam are 60.
How much do I need to score to pass the exam?
50% is the passing score.
Is there any negative marking?
No, there’s no negative marking.
What is the validity of the certification of the exam?
For successful candidates, certificates are valid for 5 years from the test date.
