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GS Paper IUPSC Prelims 2010
Indian Economic Planning & Growth
Question No. 83Interactive Test Mode
00:00
+2-0.66

Q83. In India, which of the following, is regulated by the Forward Markets Commission?

In India, which of the following, is regulated by the Forward Markets Commission?

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2010 • Indian Economy

Correct Answer: Option (B) — Commodities Futures Trading

Concept & Option Breakdown

Standard Reference Verified

The Forward Markets Commission (FMC), established under the Forward Contracts (Regulation) Act, 1952, was the statutory regulator for commodity futures markets in India. In September 2015, FMC was merged with the Securities and Exchange Board of India (SEBI). Financial futures (equity and currency) have always been regulated by SEBI/RBI.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2010 (Q83)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Indian Economic Planning & Growth
Official Answer KeyOption (B) — Commodities Futures Trading

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Frequently Asked Questions — UPSC Prelims 2010 Q83

What is the official answer for UPSC Prelims 2010 GS Paper I Question 83 (Indian Economy)?

The official UPSC answer key for this 2010 Indian Economy (Indian Economic Planning & Growth) question is Option (B): "Commodities Futures Trading". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2010 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Indian Economic Planning & Growth". You can explore all repeated questions from Indian Economic Planning & Growth in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Indian Economic Planning & Growth UPSC Prelims question using option elimination?

To solve Indian Economic Planning & Growth questions in UPSC Prelims, identify extreme modifiers, verify core NCERT conceptual definitions, and eliminate mutually contradictory statement pairs before locking your final option.

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