Teaching Haryana (HPSC) Assistant Professor Mock Test 2025 Business Finance Foreign exchange market

Assertion (A): There is no difference between futures and forwards excepting that the former requires a margin.

Reason (R): Futures are standardised, marked to market and traded in organised exchanges. Forwards are tailor-made instruments and traded on the OTC market.

Codes:

1
(A) is incorrect, but (R) is correct
2
(R) is incorrect, but (A) is correct
3
Both (A) and (R) are correct
4
Both (A) and (R) are incorrect
5
Question Not Attempted
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