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The Forward Markets Commission (FMC) is the regulatory body that oversees the functioning of commodity futures trading in India. The FMC was established in 1953 under the Forward Contracts (Regulation) Act, 1952, to regulate forward trading in commodities. The FMC was merged with the Securities and Exchange Board of India (SEBI) in 2015 to bring commodity futures trading under the ambit of SEBI. However, at the time of writing this, the FMC is still responsible for the oversight of certain aspects of commodity futures trading in India. Hence, option A is correct.
As per the Indian Stamp Act, when an instrument is chargeable with ad valorem duty in respect of any stock or security, on what basis should the duty ge...
Which of the following new law replaces the IPC and the Evidence Act?
Under the Registration Act the State Government may also appoint officers to be called _____________, and may prescribe the duties of such officers
Any member shall be entitled to be furnished, within _____________ after he has made a request in that behalf to the company, and on payment of such fee...
What does the term facts in issue refer to under the Bharatiya Sakshya Adhiniyam?
When must all instruments chargeable with duty and executed by any person in India be stamped?
As per the General Insurance Business (Nationalization) Act what are the various functions of a Corporation?
All securities held by a depository
As per the provisions of the Stamp Act corporatisation and demutualisation schemes and related instruments _________________
