भारतीय वित्तीय प्रणाली के भीतर निम्नलिखित में से किसे व्युत्पन्न उपकरणों (Derivative Instruments) के विशिष्ट प्रकारों के रूप में मान्यता प्राप्त है? 1. वायदा (Futures) 2. विकल्प (Options) 3. स्वैप (Swaps) 4. फॉरवर्ड रेट समझौते (Forward Rate Agreements) नीचे दिए गए कूट का प्रयोग कर सही उत्तर चुनिए:

Consider the following statements regarding the Non-Deliverable Derivative (NDD) Market: I. It involves actual delivery of the domestic currency at the time of settlement between contracting parties. II. It operates entirely within the domestic jurisdiction and is fully regulated by the central bank of the concerned country. III. It is primarily used by domestic retail investors for hedging purposes in local currency markets. How many of the above statements are correct?

A senior risk officer in a bank reviews the following statements regarding the derivatives market: Statement 1: 'Novation' in exchange-traded derivatives refers to the clearing house interposing itself between the buyer and seller, eliminating individual counterparty risk. Statement 2: A 'Straddle' is a neutral options strategy that is most profitable when the investor expects the underlying asset to remain stable and experience very low volatility. Statement 3: 'Basis Risk' occurs when the price movement of the hedging instrument does not perfectly offset the price movement of the underlying exposure. Which of the following assessments is correct?