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What is India’s First Agri-commodity Options launched by Union Finance & Corporate Affairs Minister, Arun Jaitley on National Commodity and Derivatives Exchange Limited (NCDEX) platform?
  • a)
    Corn
  • b)
    Gold
  • c)
    Guar Seed
  • d)
    Mentha Oil
  • e)
    Crude Oil
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is India’s First Agri-commodity Options launched by Union Finance...
India’s first agri-commodity options were launched by the Union Finance Minister in 2017. The options were initially launched for trading in two agricultural commodities – guar seed and soybean – on the National Commodity and Derivatives Exchange (NCDEX). The introduction of agri-commodity options aimed to provide farmers with a tool to hedge their price risks and protect their income. It also aimed to deepen the commodity derivatives market in India and provide a new investment avenue for traders and investors.
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What is India’s First Agri-commodity Options launched by Union Finance & Corporate Affairs Minister, Arun Jaitley on National Commodity and Derivatives Exchange Limited (NCDEX) platform?a)Cornb)Goldc)Guar Seedd)Mentha Oile)Crude OilCorrect answer is option 'C'. Can you explain this answer?
Question Description
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