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      Question

      According to the regulatory approval granted by SEBI,

      which exchange received permission to launch Indian Natural Gas Futures contracts in India?
      A Bombay Stock Exchange (BSE) Correct Answer Incorrect Answer
      B Multi Commodity Exchange (MCX) Correct Answer Incorrect Answer
      C National Stock Exchange (NSE) Correct Answer Incorrect Answer
      D National Commodity and Derivatives Exchange (NCDEX) Correct Answer Incorrect Answer
      E Metropolitan Stock Exchange of India (MSEI) Correct Answer Incorrect Answer

      Solution

      The Securities and Exchange Board of India granted approval to the National Stock Exchange to launch Indian Natural Gas Futures contracts. This approval allows the exchange to introduce a derivatives product linked to natural gas prices in India. The initiative marks the beginning of a market-based price discovery mechanism for natural gas in the country. The futures contracts are expected to improve price transparency and market efficiency in the gas sector. The move also strengthens India’s energy derivatives market by enabling organised trading in natural gas contracts and creating a structured platform for hedging price risks.

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