Derivatives Class 10 MCQ

Test your knowledge of Derivatives with these carefully curated Multiple Choice Questions (MCQs) based on the latest CBSE curriculum. These MCQs will help you understand the key concepts of derivatives, including their meaning, types, uses, and role in the financial market.

Derivatives Class 10 MCQ

1. Which of the following do not belong to the type of derivative?
a. Forwards
b. Futures
c. Options
d. Equity

Show Answer ⟶
d. Equity

2. What do you mean by forward contract?
a. It is a standard exchange-traded contract.
b. A customised agreement between two parties for future settlement
c. A contract given to buy or sell
d. It is long-term bound.

Show Answer ⟶
b. A customised agreement between two parties for future settlement

3. Why the future contracts are different from forwards.
a. Because of customisation
b. You can trade privately.
c. They are standardised and traded on exchanges.
d. None of the above

Show Answer ⟶
c. They are standardised and traded on exchanges.

4. Which type of features are available in the option contract provided to the buyer?
a. Fixed interest rate
b. Right but not the obligation to buy or sell
c. Guaranteed profit
d. None of the above

Show Answer ⟶
b. Right but not the obligation to buy or sell

5. What are the rights given to a call option buyer?
a. Buy the asset at a future date
b. Cancel the contract any time
c. Receive dividends
d. None of the above

Show Answer ⟶
a. Buy the asset at a future date

6. What are the rights given to the put option buyer?
a. Sell the asset at a future date
b. Cancel the contract any time
c. Buy the asset at a future date
d. None of the above

Show Answer ⟶
a. Sell the asset at a future date

7. What do you mean by ‘warrants’?
a. Short-term options trading
b. Long-term options trading
c. Government bonds
d. Insurance contracts

Show Answer ⟶
b. Long-term options trading

8. What do you mean by ‘commodity’?
a. A financial instrument
b. A type of currency
c. A government policy
d. A physical good that can be traded

Show Answer ⟶
d. A physical good that can be traded

9. Which of the following is an example of a commodity?
a. Gold
b. Mutual Fund
c. Stock
d. Nifty Index

Show Answer ⟶
a. Gold

10. What is commodity exchange?
a. A place where stocks are traded
b. A place where physical goods like metals and grains are traded
c. A place where government-issue currency
d. A place where foreign exchange takes place

Show Answer ⟶
b. A place where physical goods like metals and grains are traded

11. What do you mean by option premium?
a. A bonus paid to the seller
b. A tax paid by the buyer
c. A refund given after contract expiry
d. A fee paid by the buyer to acquire the right to buy or sell

Show Answer ⟶
d. A fee paid by the buyer to acquire the right to buy or sell

12. When is the option premium paid?
a. After the contract expired
b. Upfront, at the time of buying the option
c. Monthly paid during the contract period
d. None of the above

Show Answer ⟶
b. Upfront, at the time of buying the option

13. Who can receive the option premium?
a. Government
b. Seller
c. Buyer
d. Exchange

Show Answer ⟶
b. Seller

14. As per the Forward Contract Regulation Act, 1952, what are “goods”?
a. Only agricultural products
b. Every type of movable property, like claims, money and securities
c. Only imported items
d. All of the above

Show Answer ⟶
b. Every type of movable property, like claims, money and securities

15. Under FCRA, which of the following commodities are allowed for future trading?
a. All goods related to agricultural, mineral and fossil
b. Only gold and silver
c. Only the item which can export
d. A government-approved financial asset

Show Answer ⟶
a. All goods related to agricultural, mineral and fossil

16. What do you mean by traded in a commodity derivatives market?
a. Company assets
b. Currency
c. Contracts based on physical commodities
d. Real assets

Show Answer ⟶
c. Contracts based on physical commodities

17. What is the difference between commodity and financial derivatives?
a. Commodity derivatives are always cash settled.
b. Financial derivatives require warehousing.
c. Commodity derivatives may involve physical settlement and storage.
d. None of the above

Show Answer ⟶
c. Commodity derivatives may involve physical settlement and storage.

18. In financial derivatives, settlement is usually done through __.
a. Physical delivery
b. Through warehousing
c. Based on commodity prices
d. Cash settled

Show Answer ⟶
d. Cash settled

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