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Home Questions 243BPZSZUG
Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

A market in which currencies are bought and sold at rates of exchange fixed now, for delivery at specified dates in the future is called as__________.

Options:

Futures and Options Market

Exchange Market

Foreign Exchange Market

Money Market

Correct Answer:

Foreign Exchange Market

Explanation:

Foreign Exchange Markets : A market in which currencies are bought and sold at rates of exchange fixed now, for delivery at specified dates in the future.

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