1.

What are "Futures"?

A. Securities or commodities sold or bought with the assumption of delivery at a later stage
B. Shares and debentures bought at a cheaper rate and sold later at high rates
C. Particular types and quantities of securities and com-modities bought for selling at higher prices
D. None of these
Answer» B. Shares and debentures bought at a cheaper rate and sold later at high rates


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