Q.
1

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

(b) Currency futures are traded on an exchange in standardised 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)