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UPSC Civil ServicesPrelims2025General Studies Paper I
Question
QQ8. Consider the following statements : I. India accounts for a very large portion of all equity option contracts traded globally thus exhibiting a great boom. II. India's stock market has grown rapidly in the recent past even overtaking Hong Kong's at some point of time. III. There is no regulatory body either to warn the small investors about the risks of options trading or to act on unregistered financial advisors in this regard. Which of the statements given above are correct?
Options
- A I and II only
- B II and III only
- C I and III only
- D I, II and III
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Correct Answer
A I and II only
Model Answer
Answer: option A, as per UPSC's final answer key (Series A).