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    Question

    A market in which the purchase and sale of a commodity

    takes place at time ‘t’ but the exchange of commodity takes place on some specified date in future i,e time t + 1
    A Forward market Correct Answer Incorrect Answer
    B Spot market Correct Answer Incorrect Answer
    C Secular market Correct Answer Incorrect Answer
    D National market Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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