Question

A market in which the purchase and sale of a commodity takes place at time ‘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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