Question

    In which year did India's National Spot Exchange Ltd (NSEL) shut down its bullion spot exchange operations following an investigation by the Forward Markets Commission (FMC)?

    A 2011 Correct Answer Incorrect Answer
    B 2013 Correct Answer Incorrect Answer
    C 2015 Correct Answer Incorrect Answer
    D 2017 Correct Answer Incorrect Answer
    E 2019 Correct Answer Incorrect Answer

    Solution

    This was followed by the Rangarajan Committee, which too sought a national spot market. It is under the ownership of Ministry of Finance, Government of India. National Spot Exchange Ltd.

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