Match the items of List-I with List-Il.

List-I	List-II
a. Future	1. Consists of purchase or sale of commodities in two different markets with the expectations that a future change in price in one market will be offset by an opposite change in the other market
b. Swap	2. A contract in which a seller agrees to deliver an asset to a buyer at a predetermined price at some future date as privately negotiated
c. Hedging	3. A contractual agreement for exchanging a steam of payments with opposite and matching needs, to reap the benefit arising due to market discrepancies
d. Forward	4. A contract covering the purchase and sale of physical commodities or financial instruments for future delivery on a future exchange floor

A. a-4, b-3, c-2, d-1

B. a-1, b-2, c-3, d-4

C. a-2, b-1, c-3, d-4

D. a-4, b-3, c-1, d-2

Answer: Option D