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      Question

      A contract for the purchase or sale of a right to buy

      or sell securities in future at predetermined time at predetermined price is
      A Forwards in securities Correct Answer Incorrect Answer
      B Futures in securities Correct Answer Incorrect Answer
      C Option in securities Correct Answer Incorrect Answer
      D Derivatives Correct Answer Incorrect Answer
      E Commodity derivatives Correct Answer Incorrect Answer

      Solution

      тАЬOption in securitiesтАЭ means a contract for the purchase or sale of a right to buy or sell, or a right to buy and sell, securities in future, and includes a teji, a mandi, a tejimandi, a galli, a put, a call or a put and call in securities;

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