🎴 Flashcard Mode
Indian Contributions to International Finance
Card1 / 15
Mastered0
Review0
QuestionClick to flip
Who among the following Indian mathematicians is renowned for his work on the Black-Scholes model, which revolutionized the pricing of options?
AnswerClick to flip back
A
Fischer Black
💡 Explanation:
Fischer Black, an Indian-American mathematician, along with Myron Scholes and Robert Merton, developed the Black-Scholes model, a groundbreaking formula for pricing options, which had a profound impact on the financial world.