June 2015

1:

Following statements are related to futures contracts. Choose the statements that are not true :

(a) Purchase of a futures contract is called short position.

(b) Currency futures are traded on an exchange in standardized form and in fixed quantity.

(c) Default risk in futures contract is high compared to forward contract.

Codes:

A.

only (a) and (b)

B.

only (a) and (c)

C.

(a), (b) and (c)

D.

only (b)

 

Answer : B

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.