Question
The natural gas derivatives to be launched in India will
be based on which index?Solution
Explanation: Ā
The derivatives will be based on theĀ GasĀ IndeX Ā of India (GIXI) , developed by IGX. This is significant because it introducesĀ domestic price benchmarking Ā instead of relying on global indices like Brent. It will improveĀ price discovery, transparency, and risk management Ā in Indiaās gas market.
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