What are 'Futures'? - 26681

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Harikesh • 8K Points
Tutor III Economic

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Q. What are 'Futures'?

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

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

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

(D) None of these

Correct Answer - Option(A)

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