BSE Receives Regulatory Nod to Introduce Derivatives on Sensex Next 30 Index
This initiative is designed to offer investors diversified exposure to large-cap companies that fall outside the immediate top-30 benchmark Sensex.
The new derivatives suite will include monthly index options and cash-settled monthly index futures, meaning settlement involves monetary transfer rather than physical stock delivery.
The Sensex Next 30 index monitors the performance of the next 30 largest and most liquid firms within the broader BSE 100 universe that are not part of the Sensex 30.
From an exam perspective, this move signifies BSE's strategy to enhance market liquidity and expand its product portfolio to compete more effectively in the equity derivatives segment.
Key Facts / Static GK
BSE Headquarters: Mumbai, Maharashtra
SEBI Chairperson: Madhabi Puri Buch
SEBI Headquarters: Mumbai
Q Practice Quiz — 7 March 2026
1. Which index will serve as the base for the new derivatives approved by SEBI for the Bombay Stock Exchange in March 2026?
Explanation: SEBI has approved BSE to launch derivative contracts specifically on the Sensex Next 30 index, which tracks the next 30 largest and most liquid companies in the BSE 100 that are not in the Sensex 30.
2. Who has been appointed as the Brand Ambassador for SBI General Insurance's 'Chuniye Bharosa, Apno Sa' campaign?
Explanation: As part of the 'Chuniye Bharosa, Apno Sa' campaign, SBI General Insurance appointed actor Pankaj Tripathi as its Brand Ambassador to strengthen brand recall and trust.
3. Regarding the 'YES Essence Women’s Salary Account', which of the following statements is/are correct? I. It offers a ₹5 lakh top-up health cover. II. It provides 5% cashback on the Elegance Debit Card up to ₹10,000 annually. III. The minimum age for eligibility is 18 years.
Explanation: Statements I and III are correct. Statement II is incorrect because the cashback limit is ₹6,000 annually, not ₹10,000.
4. From which date has IRDAI proposed the mandatory adoption of Indian Accounting Standards (Ind AS) for all insurers?
Explanation: IRDAI has proposed that all categories of insurers in India adopt Indian Accounting Standards (Ind AS) effective from April 1, 2026.
5. What regulatory change by SEBI in December 2025 facilitated EPFO's investment in the Raajmarg Infra InvIT (RIIT) IPO?
Explanation: In December 2025, SEBI expanded the definition of 'strategic investors' to include Pension funds and Provident funds, which enabled EPFO to participate as a strategic investor in the RIIT issue.
Keep Learning with PrepZen
Get daily current affairs, live mock tests, mistake bank, vocab builder & more — all free on your phone.