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. 

Cellular respiration is the three-step process by which cells make ATP using glucose and oxygen.

Oxygen and glucose are both reactants in the process of cellular respiration. The main product of cellular respiration is ATP, waste products include carbon dioxide and water.

Cast iron is a group of iron-carbon alloys with a carbon content greater than 2% and is a brittle material.

Its usefulness derives from its relatively low melting temperature.

Cognitive psychology is the branch of psychology that studies study internal processes that include perception, attention, language, memory, and thinking.

Cognitive psychology focuses on the way people process information.

Mitochondria is absent in Bacteria as well as in Blue Green Algae. They are seen in eukaryotic cells for respiration purpose.

Nearly 15% of the petroleum reserves are found in Soudi Arabia