Economics · Financial Markets Regulation
Consider the following statements regarding the structure and functioning of the Indian Derivatives Market: 1. SEBI regulates exchange-traded financial derivatives. 2. Over-the-counter (OTC) derivatives like Interest Rate Swaps involve dual/joint oversight frameworks involving RBI and SEBI depending on market participants. 3. Currency derivatives are regulated exclusively by RBI. Which of the statements given above is/are correct?
- 1All 1, 2, and 3
- 22 and 3 only
- 31 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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