Consider the following about Multi Commodity Exchange MCX of India MCX is country rsquo s first list...........

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Consider the following about Multi Commodity Exchange (MCX) of India.

MCX is country’s first listed commodity futures exchange that facilitates online trading.
It offers futures trading in bullion, ferrous and non-ferrous metals.
Futures trading in Energy and agricultural commodities have still not been allowed in India.

Select the correct answer using the codes below.

1 and 2 only

3 only

1, 2 and 3 only

1 only

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Explanation:

It also provides clearing and settlement of commodity futures transactions, thereby providing platform for risk management. It was launched in 2003 and operates within regulatory framework of Forward Contracts Regulation Act, 1952 (FCRA, 1952) under SEBI. MCX offers futures trading in bullion, ferrous and non-ferrous metals, energy, and a number of agricultural commodities (mentha oil, cardamom, potatoes, palm oil and others). Globally, MCX ranks no. 1 in silver, no. 2 in natural gas, no. 3 in crude oil and gold in futures trading.