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    Question

    Multi Commodity Exchange of India Ltd (MCX) deals with

    which of the  following:
    A Commodity Options Correct Answer Incorrect Answer
    B Commodity Futures Correct Answer Incorrect Answer
    C Commodity forwards Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management. The Exchange, which started operations in November 2003, operates under the regulatory framework of Securities and Exchange Board of India (SEBI).It is India’s first Exchange to offer commodity options contracts, bullion index futures and base metals index futures contracts. 

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