GK
ACCOUNTING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not available in India?
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Index Futures
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Index Options
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Commodity Futures
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Commodity Options
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Explanation:
Detailed explanation-1: -The Reserve Bank of India is India’s central banking institution, which controls the monetary policy of the Indian rupee. RBI is not a part of capital market.
Detailed explanation-2: -Establishing a nationwide trading facility for all types of securities-it is not an objective of SEBI. The overall objectives of SEBI are to protect the interest of investors and to promote the development of stock exchange and to regulate the activities of stock market.
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