In the world of commodity exchanges-the' concept of "A standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price" – is known as [UBI PO 2010]

Related MCQs

• As per latest data in urban areas women employment is highest in which of the following industries areas? [UBI PO 2010]
• Stock Exchanges play, role in an economy which may be termed as [UBI PO 2010]
• In economic terms, which of the following factors determine the 'Individual's demand' of a product/commodity? [RBI Grade B Officer 2011] A. Price of a commodity B. Income of the individual C. Utility and quality of a commodity
• Consider the following items of wholesale price index: [Asstt Commt 2010] 1. Primary articles 2. Fuel, power, lights and lubricants 3. Manufacturing products Arrange the above items in descending order in terms of their weightage in calculating wholesale price index
• Self-reliance in the economic context implies that a country: 1. meets its demands for all goods and services from its domestic production 2. exports some of its goods but does not need to import anything 3. has sufficient foreign exchange reserves to buy all its needs 4. meets its demand for certain vital goods and services from its domestic production
• Consider the following statements about Wholesale Price Index (WPI) : 1. It captures the price movement extensively and is, therefore, taken as an indicator of inflation. 2. The office of the Economic adviser (OEA) is entrusted with the function of compilation and publication of the weekly wholesale price index number in India. Which of the statements given above is/are correct? [CDS 2009]
• The highest weight in the revised Whole Sale Price Index, implemented from September 2010 is given to which of the following item? [Corporation Bank PO 2011]
• The Securities and Exchange Board of India has been set up to : 1. protect the interests of investors 2. to regulate the activities of brokers in the stock market 3. to ensure transparency in operation in the stock market. 4. to encourage a healthy growth of the stock market Choose your answer from:
• Consider the following statements relating to estimation of National Income : 1. Foreigners working in Indian Embassies are normal residents of India. 2. Foreigners working in the office of WHO, World Bank. UNO etc. located in India are not normal residents of India. 3. Indians working in foreign embassies in India are not normal residents of India. Which of the statements given above is/are correct? [CDS 2010]
• Consider the following statements: The price of any currency in international market is decided by the [IAS 1998] 1. World Bank 2. Demand for goods/services provided by the country concerned 3. stability of the government of the concerned country 4. economic potential of the country in question Of these statements: