Exams › IBPS PO › General Awareness
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?
- ₹5,700 crore
- ₹6,500 crore
- ₹7,100 crore
- ₹8,200 crore
Correct answer: ₹8,200 crore
Solution
SEBI increased the position limit for trading members in index futures and options to ₹8,200 crore or 15% of total open interest, whichever is higher. This was part of measures related to derivatives market risk management.
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