New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What recent (April 2024) announcement did the National

    Stock Exchange (NSE) make regarding derivatives contracts?
    A Launching derivatives contracts for a new index Correct Answer Incorrect Answer
    B Introducing physical-settled derivatives contracts Correct Answer Incorrect Answer
    C Expanding trading hours for derivatives markets Correct Answer Incorrect Answer
    D Implementing stricter regulations for derivatives trading Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The National Stock Exchange (NSE) announced that it will launch derivatives contracts for the Nifty Next 50 index starting April 24. These cash-settled derivatives contracts, approved by the Securities and Exchange Board of India (Sebi), will expire on the last Friday of the expiry month.

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