Multiple choice

In which year was the Forward Markets Commission (FMC) formed?

  1. 1953

  2. 1958

  3. 1962

  4. 1965

  5. 1967

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Forward Markets Commission (FMC) was established in 1953 as the regulatory body for forward markets in commodities trading in India. It was later merged with SEBI in 2015. Option A correctly states 1953 as the formation year.