HPAS 2011 Prelims Question 78

Question:

Which of the following is/are correctly matched?
List I (Instrument)List II (Purpose)(a) Spot market(i) Immediate delivery of commodities(b) Futures market(ii) Delivery at a future date(c) Forward market(iii) OTC contracts for future delivery

Options:

(A) (a)-(ii), (b)-(i), (c)-(iii)

(B) (a)-(i), (b)-(ii), (c)-(iii)

(C) (a)-(i), (b)-(iii), (c)-(ii)

(D) (a)-(iii), (b)-(i), (c)-(ii)

Answer: (C)


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