Consider the following statements.
Assertion (A): The liability of the option buyer is limited in the currency options market.
Reason (R): Option buyer need not exercise the option if the exchange rate is not favourable for him.
A. (R) is correct and (A) is wrong
B. (A) is correct and (R) is wrong
C. Both (A) and (R) are correct
D. Both (A) and (R) are wrong
Answer: Option C
This Question Belongs to Commerce >> Banking And Financial Institutions
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