Questions

Hedging is a tool to minimize the risks. It is thus like an 'insurance' where one pays a premium but gets an assured amount in case of some uncertain event to the extent of the loss actually suffered on an equally opposite position for which the hedge was done. Thus, hedger is different from arbitrageur and speculators, as the intention here is not to maximize the profit but to minimize the loss.

E.g. In Capital Markets, suppose an investor has an equity portfolio of Rs. 2 lacs and the portfolio consists of all the major stocks of NIFTY. He thinks the market will improve in the long run but might go on a downside in the shortrun. NIFTY today stands at 4300. To minimize the risk of downfall, he enters into an option contract by buying NIFTY-PUT of strike 4300 at a premium of, say, Rs. 100. Thus, the actual amount paid is Rs. 5,000(lot size of NIFTY is 50). Also, the number of NIFTY-PUTs to be bought will vary on the beta of the portfolio so as to completely hedge the positon. 

When two or more chemical species combine to form a single product, the reaction is said to be synthesis reaction. It is also called as Direct Combination reaction.

Here in the given options, Sodium (Na) combines with Chlorine (Cl) to form a more complex single product Sodium Chloride (NaCl).

A trampoline is a sheet or web supported by springs in a metal frame and is used as spring board.

Tropical cyclones are also known as 'typhoons' in china, and Willy Willies in Australia.

Foot ball game lasts for 60 minutes in total. It is divided into 4 quarters of 15 minutes each and two halves of 30 minutes each.