Which among the following is an example of Arbitrage?
[A] A firm of brokers purchases certain shares at BSE and sells the same number of shares at NSE to take advantage of minor difference in rates
[B] A firm of currency brokers purchases US dollars and sells the British Pounds with the same value
[C] A firm buys certain number shares of a company and sells similar number of shares of another company which is doing better in the market
[D] A firm buys certain currency today and undergoes a contract to sell the same currency after two months
Click Here to Display Answer

Advertisement

Kindly help us to keep GKToday updated and error free. Use this form to report error or outdated information in questions. We shall rectify asap...