Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 1217)
1217.
Which one of the following approached SEBI seeking its approval to launch petrol and diesel futures contracts?
Bombay Stock Exchange
National Stock Exchange
Indian Commodity Exchange
Multi Commodity Exchange
Answer: Option
Explanation:
The oil ministry has given its in-principle approval for futures trading in petrol as well as diesel. The Indian Commodity Exchange (ICEX) had approached SEBI seeking its nod to launch petrol and diesel futures contracts. The contracts are expected to help hedge against volatility in oil prices.
Discussion:
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