Q.

A speculator who sells stocks, in order to buy back when price falls, for gain is a -

A. Bull
B. Bear
C. Boar
D. Bison
Answer» B. Bear
Explanation: A bear is a speculator who is wary of fall in prices and hence sells securities so that he may buy them at cheap price in future. He does not have securities at present but sells them at higher prices in anticipation that he will supply them business purchasing at lower prices in the future. If the prices move down as per the expectations of the bear he will earn profits out of these transactions.
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