In which year the first organised future market was established in India?
In which year the first organised future market was established in India?
[A]1855
[B]1875
[C]1919
[D]1956
1875
The first organized futures market in India was established in 1875, under the name of ‘Bombay Cotton Trade Association’ to trade in cotton derivative contracts. This was followed by institutions for futures trading in oilseeds, food grains, etc.
Originally written on
June 3, 2015
and last modified on
June 3, 2015.