Multiple choice general knowledge

Which of the following markets are independently regulated by Forward Market Commissions?

  1. Mutual Funds

  2. Commodity Exchanges

  3. Stock Market

  4. Foreign Exchange Markets
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Forward Market Commission (FMC) was the regulatory body for commodity derivatives markets in India before it was merged with SEBI in 2015. Commodity exchanges deal in forward contracts and futures, which fall under the purview of FMC. Mutual Funds are regulated by SEBI, Stock Markets by SEBI, and Foreign Exchange Markets by RBI and FEMA.

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