n NISM Certifications
NSM General NISM
Medium

_______________ recommended the introduction of exchange-traded currency futures in India. Options:

Practice question from NISM Series I - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    NSE Currency Futures Committee

  2. B

    RBI-SEBI Standing Technical Committee

  3. Committee on Fuller Capital Account Convertibility

    Correct answer

  4. D

    Currency Futures Standing Committee CORRECT ANSWER: C) Committee on Fuller Capital Account Convertibility

Why this is the answer

This committee was the first to recommend currency futures trading in India, under RBI’s framework.

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