Questions

The main difference lies in the motive of the two parties. The main motive of the hedger is to hedge(minimize) the risk from the occurence of some events. 

The motive of the speculator is to gamble in the market in order to make the profit by buying/selling the derivative products.

Many toxic gases along with water vapour are emitted in vocanic eruptions. All such toxic gases include hydrochloric acid, sulfur dioxide, carbon dioxide, hydrogen sulfide and carbon monoxide. Methane is not produced in the volcanic eruptions.

The headquarters of Tea Board of India is in Kolkata, West Bengal.

Cotton Gin was invented by Eli Whitney in 1793, which is used to separate cotton seeds from cotton fiber.

Hence, it was an important invention because it dramatically reduced the amount of time it took to separate cotton seeds from cotton fiber.

Government can be classified in three manners:

(1) who participates,

(2) geographic distribution of power, and

(3) legislative/executive relationship.

Who can participate is generally broken down into two forms of government,

democracy or dictatorship

While the legislative/executive relationship is broken down into

presidential or parliamentary

The geographic distribution of power is broken down into unitary, federal, and confederation (confederal).

Confederal System of Government ::

A system of government where power is located with the independent states and there is little power in the central government.

Today, no nation follows a confederal system. Organizations, like the European Union and the Commonwealth of Independent States, are based on the ideas of a confederal system. Several nations make up these organizations, but they still retain the majority of their independence.

Answer: U

Explanation:   Starting on the left, and moving along the line to the right, letters follow the alphabetic sequence, in steps of 1,2,3 and then 4, before repeating the sequence.