What recent (April 2024) announcement did the National Stock Exchange (NS

Q: Answer-What recent (April 2024) announcement did the National Stock Exchange (NSE) make regarding derivativ...

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.

E make regarding derivatives contracts?

A Launching derivatives contracts for a new index Correct Incorrect

B Introducing physical-settled derivatives contracts Correct Incorrect

C Expanding trading hours for derivatives markets Correct Incorrect

D Implementing stricter regulations for derivatives trading Correct Incorrect

E None of these Correct Incorrect

Detailed 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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What recent (April 2024) announcement did the National Stock Exchange (NS

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