Current Affairs · Banking and Finance
In September 2025, the Reserve Bank of India permitted standalone primary dealers, authorized as Authorised Dealer Category-III, to participate in which specific offshore market involving cash-settled foreign currency derivative contracts?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Currency Futures Market
- 2Non-Deliverable Forward Market✓
- 3Forex Spot Market
- 4Interest Rate Swap Market
Correct answer
Non-Deliverable Forward Market
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