Quiz 1 | PGDM 06 Batch I

COMMODITIES MARKETS
(Dr.V.Shunmugam)(06.12.2023)
Total points 30/40

Dear All, The quiz consists of 20 MCQs of 2 marks each (no negative marking), and the
time allotted will be 20 minutes.

Please select the most appropriate option under each question and submit. Please
retain full-screen print (with the date & time) of the submission confirmation with you for
your records.

The respondent's email (rakshiths-pgdm-2022-24@nism.ac.in) was recorded on

submission of this form.

Which is the best measure of strength of commodity derivative markets of 2/2

an economy

Derivatives Volumes as % of GDP

Physical Vs Futures Multiplier

Volumes in local Vs Global derivative markets as a %

Futures Industry Association Ranking

Spot Markets for which of the commodities below is regulated? 2/2

Paddy

Wheat

Silver

Natural Gas
If the Futures vs Physical Multiplier of a commodity is high doesn't mean 2/2

Risks are more thinly distributed among heterogenous participants

Ample liquidity in the futures contracts

Higher level of Information Convergence

Highest Hedgers Participation in the Futures Contracts

The new farm policy has been brought in to supersede one of the below 2/2
act/regulation

Prevention of Food Adulteration Act

Essential Commodities Act

Milk and Milk Products Order

FSSAI Act

Trading in derivative contracts on commodities was liberalized as part of 2/2

which legislation below?

Information Technology Act, 2000

Forward Contracts Regulation Act, 1953

Foreign Trade Policy of India, 2000

National Agricultural Policy, 2000

 Global gold spot prices are determined largely by 2/2

CME Gold

LME Gold

LBMA Gold

MCX Gold

There are ---- stock exchanges that provide for trading in commodity 2/2
derivative contracts in India.

Two

Three

Four

Five

Soybean oil Futures on Indian exchanges trade up to 0/2

5:00 PM

7:00 PM

9:00 PM

11:30 PM

Correct answer

9:00 PM
 Which of the below is not the primary function of commodity derivative 0/2
markets?

Mopping Price Risks out of Commodity Ecosystem

Converging Relevant Information in to the Markets

Enabling Transactions between physical buyers and sellers

Strengthening the commodities ecosystem

Correct answer

Enabling Transactions between physical buyers and sellers

Which part of the below energy products ecosystem is not regulated 2/2

Exploration/Production

Marketing

Storage

None of the Above

Find the odd one out 2/2

CERC

PNGRB

WDRA

eNAM
Spot markets for which of the below commodity is now being regulated by 2/2
SEBI?

Gold

Natural Gas

Electricity

Rubber

Spot markets for Electricity is Regulated by 2/2

Ministry of Power

CERC

Power Grid Corporation

NTPC

Which of the below commodity is marketed through auction platform 2/2

Wheat

Tur

Cottonseed Cake

Cardamom
 FSSAI is not about 0/2

Food Safety

Food Adulteration

Quality Standards

None of the above

Correct answer

Quality Standards

Trading in commodity forward contracts on regional exchanges was 0/2

banned entirely from

Post-Independence Era

Pre-Independence Era

Era of Liberalization and Globalisation

Never Banned

Other:

Correct answer

Pre-Independence Era
 Find the odd one out 2/2

Funds

Banks

Corporates

PMS

The first commodity on which forward contracts were traded in India 2/2

Gold

Silver

Cotton

Jute

Which of the below instrument is not currently traded in the Indian 0/2
commodity derivative markets?

Option on Futures

Option on Commodity Spot

Index Options

None of the above

Correct answer

None of the above

Derivatives in which of the below commodity is currently not traded in 2/2
Indian exchanges?

Turmeric

Barley

Tin

Guar

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