Question
A state of absence of
law. Directions (16-20): In the questions given below, choose the one out of four alternatives given, which can be substituted for the given word/sentence.Solution
Anarchy - a situation where there is no social control or government. Aristrocracy - people from an upper,social class or royal families. Dictatorship - A form of government or social situation where the power rests entirely on one person or a group of persons. Democracy - a political system in which the people or their elected representatives govern. Republic - a country that is ruled by a president or other leader that people vote for, rather than by a king or queen.
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The ratio of change in the price of call option to the change in the price of the underlying stock is called:
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Liabilities: Trade Payab...
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