Many times, we read about future trading in newspapers. What is 'future trading'? |
I. It is nothing but a trade between any two stock exchanges, wherein it is decided to purchase the stocks of each other on a fixed price throughout the year. |
II. It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price. |
Select the correct answer using the codes given below |
A) Only I
B) Only II
C) Both I and II
D) None of these
Correct Answer: B
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