Spot market is that market where in ______. - Economics

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MCQ
Fill in the Blanks

Spot market is that market where in ______.

Options

  • Only spot or current transactions are handled

  • Foreign exchange transactions are meant for future delivery

  • Exchange rate is determined instantly

  • Both (1) and (3)

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Solution

Both (1) and (3)

Concept: Foreign Exchange Market - Foreign Exchange Rate
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