Question

Under the RBI circular titled “Participation of Standalone Primary Dealers in Non-deliverable Rupee Derivative Markets”, Standalone Primary Dealers are permitted to transact in NDDCs only when they are authorised as:

A Authorised Dealer Category–I
B Authorised Dealer Category–II
C Authorised Dealer Category–III
D Authorised Dealer Category–IV
E Registered Market Derivative Participants
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