n NISM Certifications
NSM General NISM
Medium

Rohidas, a farmer, agrees in advance to sell cotton at a fixed price to a factory. What kind of contract is this?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Swap

  2. B

    Futures

  3. C

    Option

  4. Forward

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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