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    Question

    Currency futures are regulated

    by?
    A FMC Correct Answer Incorrect Answer
    B RBI Correct Answer Incorrect Answer
    C SEBI Correct Answer Incorrect Answer
    D RBI and SEBI jointly Correct Answer Incorrect Answer
    E SEBI and FMC jointly Correct Answer Incorrect Answer

    Solution

    A currency future, also known as FX future, is a futures contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on the purchase date. RBI in association with SEBI regulates Currency Futures.

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