Sample Questions

  1. professional bodies
  2. local bodies
  3. private companies
  4. marketing cooperatives
  1. ‘future spot price’
  2. ‘cash price’
  3. ‘contango price,
  4. ‘market price’
  1. the Dairy Exchange of New York
  2. the Butter and Cheese Exchange of New York
  3. the butter exchange of New York
  4. New York Stock Exchange (NYSE)
  1. the futures price is more than the spot price
  2. the futures price is less than the spot price
  3. the ask price is more than the bid price
  4. the futures price increases more than the spot price
  1. limited and loss is unlimited
  2. unlimited and loss is limited
  3. limited and loss is limited
  4. unlimited and loss is unlimited
  1. sells a futures contract to hedge the ‘cash’ position
  2. buys physical commodity to hedge the futures contract
  3. sells physical commodity to hedge the futures contract
  4. buys a futures contract to hedge the ‘cash’ position
  1. average of the opening and closing prices of the previous day
  2. closing price of the previous day
  3. base price of that day
  4. opening price on that day
  1. lowest price
  2. highest price
  3. average price
  4. mean of the highest and the lowest price
  1. commodity is delivered only after paying a penalty
  2. commodity may be held at the discretion of the warehouse operator
  3. commodity resource has to be destroyed
  4. quality of the commodity needs to be assessed
  1. invest in commodity exchanges
  2. speculate on exchanges
  3. hedge their positions
  4. advise market participants
  1. Madhya Pradesh, Maharashtra, and Rajasthan
  2. Tamil Nadu and Kerala
  3. West Bengal and Orissa
  4. Mizoram and Nagaland
  1. seasonal variations in weather conditions
  2. quarterly variations in weather conditions
  3. year-to-year variations in weather conditions
  4. day-to-day variations in weather conditions

Answer Key

1 2 3 4 5 6 7 8 9 10
B A B D C A C B B D
11 12 13 14 15 16 17 18 19 20
A B D B C A D C A D

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