Consider the following statements The Multi Commodity Exchange of India Limited MCX Is a listed exch...........

Economic Affairs Others

Download Solution PDF

Consider the following statements. The Multi Commodity Exchange of India Limited (MCX)

Is a listed exchange in India
operates under the regulatory framework of SEBI
does not offer trading in commodity futures contracts

Select the correct answer using the codes below.

1 only

2 and 3 only

1 and 2 only

1,2 and 3

छोटे Courses बड़े Results

Master Others

Prepare through Micro-courses

Try Now

Explanation:

Statement 1: It is India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading.

Statement 2: Most participants in the security market are under the purview of SEBI.

Statement 3: MCX offers trading in varied commodity futures contracts across segments including bullion, industrial metals, energy and agricultural commodities.

MCX is India’s leading commodity derivatives exchange with a market share of nearly 90 per cent in terms of the value of commodity futures contracts traded in Q1, FY 2017-18.