CA FINAL SFM QUERY

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Can someone help me out with index futures. I find it un-understandable whenever i see in a sum. For Eg May 2019 RTP Qn 5 SFM Old Syllabus. How is it solved? Whats the base actually?
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There are videos on youtube on RTp ! They have solved each question with explanations ! Search dani ki costing channel


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