What is the name of the regulatory body that oversees the functioning of commodity futures trading in India?
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 far as the features of the Pradhan Mantri Vaya Vandana Yojana (PMVVY) goes, which of the following is true if the pensioner dies during the policy te...
When a commercial bank creates credit, its immediate effect is that it raises
In a repurchase agreement, the percentage difference between the repurchase price and amount borrowed is equal to:
In which year did India's National Spot Exchange Ltd (NSEL) shut down its bullion spot exchange operations following an investigation by the Forward Mar...
Which type of reserves are not to be included for the calculation of Capital for Capital adequacy norms?
The Asset Liability Management (ALM) Statement is to be prepared by every bank and is a regulatory requirement. It shows the maturity time-wise break-up...
__________ refers to the attitude that includes a questioning mind and a critical assessment of audit evidence.
Why is ethics crucial in professional settings?
Which of the following is an Alternate reference interest rate for dollar denominated derivatives and loans that replaced LIBOR?
Sale of an inventory of a firm would be classified as a: