As of October 2024, the Securities and Exchange Board of India (SEBI) raised…
2024
As of October 2024, the Securities and Exchange Board of India (SEBI) raised the position limit for trading members in index futures and options contracts to what amount, or 15% of the total open interest, whichever is higher?
- A.
₹5,700 crore
- B.
₹6,500 crore
- C.
₹7,100 crore
- D.
₹8,200 crore
- E.
₹7,500 crore
Show answer & explanation
Correct answer: E
SEBI raised the position limit for trading members in index futures and options to Rs. 7,500 crore or 15% of total open interest, whichever is higher.