Economics · Economy
With reference to the Commodity Market in India, consider the following statements: (1) In India, the commodity derivatives market is regulated by the Reserve Bank of India (RBI). (2) In the spot market, traders exchange physical commodities for immediate delivery. (3) Futures and Forwards are two types of commodity derivatives widely utilized in financial markets. Which of the statements given above are correct?
- 1(1), (2) and (3)
- 2(3) only
- 3(2) and (3) only✓
- 4(1) and (2) only
Correct answer
(2) and (3) only
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