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      Question

      A market in which the purchase and sale of a commodity

      takes place at time β€˜t’ but the exchange of commodity takes place on some specified date in future i,e time t + 1
      A Forward market Correct Answer Incorrect Answer
      B Spot market Correct Answer Incorrect Answer
      C Secular market Correct Answer Incorrect Answer
      D National market Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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