Statement 1: FIMMDA is a self-regulatory organization in India primarily focused on providing training and development support to dealers and support personnel at member institutions. Statement 2: One of FIMMDA's primary roles is to develop standard market practices and a code of conduct for the fixed income, money, and derivatives markets in India. Which of the following options is correct?

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Economics · Financial Regulations - India

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Both Statement 1 and Statement 2 are correct.

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Answer 1

Both Statement 1 and Statement 2 are incorrect.

Answer 2

Statement 1 is incorrect, but Statement 2 is correct.

Answer 3

Statement 1 is correct, but Statement 2 is incorrect.

Answer 4

Both Statement 1 and Statement 2 are correct.

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