Multiple choice general knowledge

Which is the first exchange to get the approval for Interest Rate futures

  1. BSE

  2. NSE

  3. NASDAQ

  4. CDL
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The National Stock Exchange (NSE) was the first exchange in India to get approval for Interest Rate futures in 2009. This derivative product allows market participants to hedge against interest rate fluctuations. BSE and other exchanges launched similar products later.

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