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Which one of the following approached SEBI seeking its approval to launch petrol and diesel futures contracts?
  • a)
    Bombay Stock Exchange
  • b)
    National Stock Exchange
  • c)
    Indian Commodity Exchange
  • d)
    Multi Commodity Exchange
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which one of the following approached SEBI seeking its approval to lau...
The oil ministry has given its in-principle approval for futures trading in petrol as well as diesel. The Indian Commodity Exchange (ICEX) had approached SEBI seeking its nod to launch petrol and diesel futures contracts. The contracts are expected to help hedge against volatility in oil prices.
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Most Upvoted Answer
Which one of the following approached SEBI seeking its approval to lau...
Indian commodity exchange
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Which one of the following approached SEBI seeking its approval to launch petrol and diesel futures contracts?a)Bombay Stock Exchangeb)National Stock Exchangec)Indian Commodity Exchanged)Multi Commodity ExchangeCorrect answer is option 'C'. Can you explain this answer?
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