With reference to commodity exchanges in India, consider the following statements: 1. NCDEX deals primarily in agricultural commodities and is regulated by SEBI. 2. MCX is the largest commodity futures exchange in India, where metals and crude oil are commonly traded. 3. The AGRIDEX index tracks the performance of 10 non-agricultural commodities. Which of the statements given above is/are correct? |ForumIAS

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A

Notes:

Explanation:

NCDEX (National Commodity and Derivatives Exchange) is focused on agricultural commodities and is regulated by SEBI.
MCX (Multi Commodity Exchange) is the largest commodity futures exchange in India, where metals and crude oil are traded.
AGRIDEX is an index launched by NCDEX, not MCX, and it tracks agricultural commodities, not non-agricultural ones.

Source: Indian Economy (Ramesh Singh)