The National Stock Exchange recently launched Interest Rate Futures (IRF). IRF in fact is a ______________.

new mode of trading specifically for SME sector

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financial mode of trading

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electronic mode of transferring money from one account to another

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safest and fastest mode of trading at all the stock exchanges of India simultaneously

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Solution

The correct option is A financial mode of trading
The National Stock Exchange recently launched Interest Rate Futures (IRF).
IRF in fact is a financial mode of trading as investors can buy and sell interest rate futures contracts from different locations in the country through registered NSE brokers in the same manner as they buy and sell equities and derivatives today. The financial settlement of all the trades is guaranteed by National Securities and Clearing Corporations Ltd (NSCCL).

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