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Commerce · Q585

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 585

Q585

Consider the following statements. Assertion (A): The liability of the option buyer is limited in the currency options market. Reason (R): Option buyer need not exercise the option if the exchange rate is not favourable for him.

A.
(R) is correct and (A) is wrong
B.
(A) is correct and (R) is wrong
C.
Both (A) and (R) are correct
Answer
D.
Both (A) and (R) are wrong

Answer: Option C

Solution

Answer: Option C
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