UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
    What are "Futures"?

    A) Securities or commodities sold or bought with the assumption of delivery at a later stage

    B) Shares and debentures bought at a cheaper rate and sold later at high rates

    C) Particular types and quantities of securities and com-modities bought for selling at higher prices

    D) None of these

    Correct Answer: A


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