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With reference to derivatives, consider the following statements:1. They are financial contracts whose value is dependent on anunderlying asset or group of assets.2. Futures contracts, forwards and options are examples of derivatives.3. They can be traded between private counter-parties in the absence of a formal intermediary.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to derivatives, consider the following statements:1. They are financial contracts whose value is dependent on anunderlying asset or group of assets.2. Futures contracts, forwards and options are examples of derivatives.3. They can be traded between private counter-parties in the absence of a formal intermediary.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to derivatives, consider the following statements:1. They are financial contracts whose value is dependent on anunderlying asset or group of assets.2. Futures contracts, forwards and options are examples of derivatives.3. They can be traded between private counter-parties in the absence of a formal intermediary.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer?.

Solutions for With reference to derivatives, consider the following statements:1. They are financial contracts whose value is dependent on anunderlying asset or group of assets.2. Futures contracts, forwards and options are examples of derivatives.3. They can be traded between private counter-parties in the absence of a formal intermediary.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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