2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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RBI
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SEBI
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IRDA
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SIDBI
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Detailed explanation-1: -Markets regulator Securities and Exchange Board of India (SEBI) has allowed custodial services in the commodity derivatives market. The move is aimed at enabling the participation of institutional investors such as mutual funds and portfolio managers in the commodity derivatives market.
Detailed explanation-2: -Securities and Exchange Board of India (SEBI) regulates the commodity derivatives market in India since September 28, 2015.
Detailed explanation-3: -Stock Holding Corporation of India Ltd (SHCIL), India’s largest custodian and depository participant.
Detailed explanation-4: -The key function of SEBI is to keep the interest of investors/traders protected. While trading in the Indian stock market, investors and traders have to execute trades while abiding by rules. This is to promote fairness.