Question

When the futures price of a commodity is lower than its spot price, what is this situation called?

A Contango
B Backwardation
C Normal Market
D Inverted Market
E Spot Premium
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)