IndiaBIX

Current Affairs - Miscellaneous - Discussion

Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 5327)
2017-08-11 Miscellaneous
5327.
Which institute allows MCX to launch options trading in gold?
The International Bank for Reconstruction and Development
The Multilateral Investment Guarantee Agency
Securities and Exchange Board of India's (SEBI)
The International Finance Corporation
Answer: Option
Explanation:
The Multi Commodity Exchange Limited (MCX), the country's largest commodity exchange has received capital markets regulator Securities and Exchange Board of India's (SEBI) approval to launch options trading in gold. It will allow investors and hedgers to minimize their price risk at a fraction of the cost compared to currently available futures trading.
Discussion:
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