With reference to the Indian Commodity Exchange Limited ICEX consider the following It is a screen b...........

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With reference to the Indian Commodity Exchange Limited (ICEX), consider the following.

It is a screen based on-line derivatives exchange for commodities.
It is owned completely by the government.
It was established under the Securities Contracts (Regulation) Act.

Select the correct answer using the codes below.

1 and 2 only

3 only

1 and 3 only

1, 2 and 3

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Explanation:

Statement 1: ICEX is deemed recognized Stock exchange providing a nation-wide on- line trading platform in commodity derivative.

Statement 2: It is a public-private partnership with Reliance Capital, MMTC Ltd, Indiabulls Housing Finance Ltd, Indian Potash Ltd, KR18HCO and 'DFC Bank as major shareholders.

Statement 3: It was established under the Securities Contracts (Regulation) Act, 1956 in terms of a section of the Finance Act, 2015 pursuant to central Government notification issued in 2015.