Which among the following got an approval from SEBI to launch copper large futures contract?
Options
A. Zerodha
B. NSE
C. BSE
D. MCX
Correct Answer
NSE
Explanation
National Stock Exchange of India (NSE) got regulatory approval from SEBI to launch copper large futures contract. The copper large futures contract will have a trading unit of 25 tonne at par with international commodity markets. It is one of the highest traded contracts and is considered as the global benchmark. With this, NSE aims to provide an onshore hedging platform to large Indian corporates, refiners and various users in the value chain.
More questions
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10. Which organization is set to partner with the Embassy of the US to jointly promote domestic investments during 'Select USA 2019' summit that will be held in Washington DC?
Options
A. Trade Promotion Council of India (TPCI)
B. Federation of Indian Export Organisations (FIEO)
C. National Productivity Council (NPC)
D. Project Exports Promotion Council of India (PEPC)
Correct Answer: Trade Promotion Council of India (TPCI)
Explanation:
The Trade Promotion Council of India (TPCI) on Thursday said it is partnering with Embassy of the US in the national capital to jointly promote domestic investments during 'Select USA 2019' summit. The summit, dedicated to promote foreign direct investment in America, will be held from June 10-12 in Washington DC. TPCI has signed a partnership agreement with the US Commercial Service, Embassy of the US in New Delhi for the same, it said in a statement.