Multiple choice

'SEBI' baned some companies for their role in 'F&O Scam', was the news in some major newspapers in 2007. What is the full form of 'F&O'?

  1. Fair & Optimum

  2. Free & Operational

  3. Future & Operations

  4. Future & Options

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In financial markets, 'F&O' stands for 'Futures and Options', which are derivative contracts.