Economics · Financial Markets
Which of the following statements best describes the role of Commodity Exchanges in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1They operate only under the Ministry of Agriculture.
- 2They act solely as intermediaries for physical delivery of goods.
- 3They function only to control speculative trading in agricultural products.
- 4They provide a platform for price discovery and risk management through standardised contracts.✓
Correct answer
They provide a platform for price discovery and risk management through standardised contracts.
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