In the world of commodity exchanges-the' concept of "A standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price" – is known as [UBI PO 2010]

In the world of commodity exchanges-the' concept of "A standard contra

1.	In the world of commodity exchanges-the' concept of "A standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price" – is known as [UBI PO 2010]
A.	Future contract
B.	Forward contract
C.	Market contract
D.	Standard contract
Answer» B. Forward contract