12 Questions
When was the Chicago Board Options Exchange (CBOE) established?
1973
Which exchange introduced the first successful pure interest rate futures contract?
Chicago Butter and Egg Board
What was the name of the first stock index futures introduced by Kansas City Board of Trade in 1982?
Option on S&P 100 Index
What led to the growth of the derivatives market according to the text?
Sophisticated risk management tools
Which committee recommended that derivatives should be declared as 'securities' in India?
Committee under Dr. L.C. Gupta
What was the purpose of the group set up under Prof. J.R. Verma in India?
To recommend measures for risk containment in derivatives market
What is a derivative?
A contract derived from the value of another asset
Which of the following is NOT an underlying asset for derivatives?
Real estate properties
When did Tulip Mania occur?
17th Century
Where was the first 'exchange traded' derivative contract listed in the US?
Chicago Board of Trade (CBOT)
What was the purpose of developing a futures market in rice near Osaka, Japan?
To protect rice producers from bad weather or warfare
Which European trade fairs involved sellers signing contracts for future delivery of items they sold?
12th Century trade fairs
Explore the fundamental concepts of derivatives, which are contracts or products derived from the value of underlying assets such as metals, energy resources, agricultural commodities, and financial assets like shares and bonds.
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