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    Question

    The proposed mineral trading exchange in India will

    function under the norms of which regulator?
    A Reserve Bank of India Correct Answer Incorrect Answer
    B Securities and Exchange Board of India Correct Answer Incorrect Answer
    C Competition Commission of India Correct Answer Incorrect Answer
    D Directorate General of Foreign Trade Correct Answer Incorrect Answer
    E Forward Markets Commission Correct Answer Incorrect Answer

    Solution

    The planned mineral trading exchange will operate under SEBI norms. The proposal is included in the recently passed Mines and Minerals legislation, with guidelines to be issued soon. Positioned to improve price discovery for industries, traders, and stakeholders, the exchange is intended to support domestic supply chains and bolster IndiaтАЩs participation in the global mineral trade.

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