economics medium mcq

NCDEX Ltd. recently announced the relaunch of Black Pepper Futures contract after a suspension of over a decade. From which date will the black pepper futures contract start trading?

  1. July 10, 2026
  2. July 15, 2026
  3. August 1, 2026
  4. September 1, 2026

Answer: July 15, 2026

NCDEX announced that the black pepper futures contract will start trading from July 15, 2026, with Kochi designated as the delivery and pricing centre. The contract was suspended in 2010 following severe quality disputes and is being relaunched after receiving SEBI approval following litigation and legal hurdles that lasted over a decade.

Topic NCDEX Black Pepper Futures Relaunch
Exam Relevance UPSC, SSC, Banking, Railway