Which of the Following Has Been the Primary Reason for the Recent

question 72

Multiple Choice

Which of the following has been the primary reason for the recent growth of India's pharmaceutical industry?

• A) globalized supply chains
• B) tiered pricing guidelines
• C) patent-protection laws
• D) foreign investors

---

Definitions:

Call Premium

The amount by which the price of a callable bond exceeds its par (or nominal) value or the amount paid for an option above its intrinsic value.

Time Spread

An options or futures strategy where a trader simultaneously buys and sells the same financial instrument with different expiration dates.

Exercise Price

The specified price at which the holder of an option can buy or sell the underlying asset.

Expiration Date

The date on which an option, future, or derivative contract becomes invalid and the right to exercise it ceases.