Q.
1

Reason (R): A futures contract is for specific currency amount and a specific maturity date.

Codes:

 

  • A

    (R) is correct explanation of (A)

  • B

    (R) is not correct explanation of (A)

     

  • C

    (A) and (R) are not related with each other

  • D

    (R) is irrelevant for (A)