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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

    “Option in securities” 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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