Which city has been designated as the delivery and pricing centre for the relaunched NCDEX Black Pepper Futures contract?
- Mumbai
- Idukki
- Kochi
- Vellayani
Answer: Kochi
NCDEX designated Kochi as the delivery and pricing centre for the Black Pepper Futures contract. Initially, four contracts expiring in August, September, October, and November will be available for trading. The unit of trading has been fixed at 1 metric tonne, though some stakeholders have suggested it should be reduced to 200-250 kg for practical producer participation.