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L) Question 9 Most exchange traded currency futures contracts ® Have original maturities of 1, 2, and 3 years. Have original

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\rightarrowCORRECT OPTION : Option (b) : Have original maturities of 3, 6 , 9 and 12 months with daily resettlement

\rightarrowExplanation : Most of the Currency Futures that are traded on the recognized stock exchanges are settled or we can say they are traded with 4 different maturities. Such Maturities period are March Maturity, June Maturity , September Maturity and December Maturity.

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