RBI Grade B Officer (General / DEPR / DSIM) 2025 · Question 228 of 259

- Read the passage given below and answer the following questions The SEBI circular, issued on May 29, 2025, presents a comprehensive framework aimed at improving transparency, risk monitoring, and trading practices in the equity derivatives market. With increasing retail participation and the popularity of short-tenure index options, SEBI has introduced a structured set of measures in consultation with expert working groups and stakeholders to ensure orderly market conduct. One of the most significant changes is the recalibration of the Market Wide Position Limit (MWPL). (This is a recreated passage and not the exact one asked in the exam) Consider the following statements about Market-Wide Position Limits (MWPL) in 2025: 5. The MWPL is now capped at the lower of 15% of free-float market cap or 65 times the Average Daily Delivery Value (ADDV). 6. If a stock enters a 'ban period', traders are permitted to increase their net positions provided they pay a penalty. 7. The ban period is triggered when the aggregate open interest exceeds 95% of the MWPL. Which of the statements given above is/are correct?

Financial Markets

1. AA. 1 and 3 only
2. BB. 1 and 2 onlyCorrect
3. CC. 2 and 3 only
4. DD. 1, 2, and 3
5. EE. 1 only