In our country, a cheque remains valid for payment for ________ from the date of issue.
a
3 months
b
6 months
c
9 months
d
12 months
e
18 months
Answer : Option B
Explanation :
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Which of the following Derivatives Contract gives the buyer/holder of the contract the right (but not the obligation) to buy/sell the underlying asset at a predetermined price within or at end of aspecified period?