Statement 1 is correct as Derivatives are financial instruments that derive their value from an underlying asset. Statement 2 is also correct as SEBI regulates the trading of Derivatives in India, with a view to maintaining transparency, fairness and efficiency in the market. The National Stock Exchange of India Limited (NSE) commenced trading in derivatives with the launch of index futures on June 12, 2000
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A person spends 25% of their income on rent, 20% on food, 15% on transportation, and 10% on miscellaneous expenses. They donate one-third of the remaini...