Question

Markets classified on the basis of nature of transactions

Q: Answer-Markets classified on the basis of nature of transactions

Markets can be classified based on the nature of the transaction into spot or cash markets, where the sale is completed immediately, and forward markets, where goods are sold for delivery at a date in the future.

A Special markets

B Spot/cash markets

C Forward markets

D Both (B) and (C)

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Markets classified on the basis of nature of transactions

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