SSC Economics Sample Paper NCERT Sample Paper-2

  • question_answer
    Consider the following statements about Forward Markets:
    1. The forward market is an informal financial market.
    2. It is a market dealing in commodities, currencies and securities.
    3. The futures markets lead to reduction in the amplitude of seasonal price variation.
    Which of the statements given above is/are correct?

    A) 1 and 3 only     

    B) 2 and 3 only

    C) 1 and 2 only     

    D) All of the above

    Correct Answer: D

    Solution :

    The forward market is the informal over-the-counter financial market by which contracts for future delivery are entered into. Standardized forward contracts are called futures contracts and traded on a futures exchange.

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