A) Insurance Regulatory and Development authority (IRDA)
B) Pension Fund Regulatory and Development Authority (PFRDA)
C) Reserve Bank of India
D) Securities and Exchange Board of India (SEBI)
E) Forward Market Commission (FMC)
Correct Answer: E
Solution :
The Forward Markets Commission (FMC) is the chief regulator of commodity future markets in India. As of July 2014, it regulated Rs. 17 trillion worth of commodity trade in India. It is headquartered Mumbai and is overseen by the Ministry of Finance.
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