With reference to Commodity market exchange, consider the following :
(1) In India, Commodity market exchange is regulated by the RBI.
(2) In the spot market, traders exchange physical commodities for immediate delivery.
(3) Futures and Forwards are two types of commodity derivatives that are used in derivatives markets in India.
Which of the options is correct ?
1
(1) and (2) only
2
(2) and (3) only
3
(3) only
4
(1), (2) and (3)