Questions

The alternation of wet and dry seasons leads to the leaching away of the siliceous matter of the rocks and the formation of laterite soils. It has been observed that there is a general relationship between altitude and the chemical composition of laterite soils. The soils on the higher areas are generally more acidic than on the low lying areas.

The term derivative indicates that it has no independent value that is its value is entirely derived from the values of the underlying assets. The underlying asset can be securities, commodities , bullion, currency, livestock or anything else.

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