1. A ______market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar.
Correct : A. commodity
2. Traditionally ____________ has been the largest producers of gold in the world.
Correct : D. south africa
3. Commodities, which are to be received by a clearing member, are delivered to him in the depository clearing system in respect of depository deals on the respective __________ day as per instructions of the exchange/ clearing house.
Correct : D. pay-out
4. By using the currency forward market to sell dollars forward, an _________ can lock on to a rate today and reduce his uncertainty.
Correct : D. exporter
5. All the exchanges, which deal with forward contracts, are required to obtain certificate of registration from the _______________.
Correct : C. forward markets commission fm
6. This option to give delivery is given during a period identified as _______________________.
Correct : C. delivery period
7. The first use of derivatives contract was ________________.
Correct : A. to manage price uncertainty
8. A futures contract is nothing but a forward contract that is __________.
Correct : D. exchange traded
9. In matters where the exchange is a party to the dispute, the civil courts at __________have exclusive jurisdiction.
Correct : B. mumbai
10. Final settlement happens on the ____________.
Correct : C. last trading day of the futures contract