Question

The method of auction of future contract in which the traders sell their future contracts at a specified price, by crying out in louder voices is classified as

a.

traders gathered auction

b.

close outcry auction

c.

specified auction

d.

open outcry auction

Answer: (d).open outcry auction

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Q. The method of auction of future contract in which the traders sell their future contracts at a specified price, by crying out in louder voices is classified as

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