Consider the following statements : I. India accounts for a very large portion of all equity option contracts traded globally thus exhibiting a great boom. II. India's stock market has grown rapidly in the recent past even overtaking Hong Kong's at some point of time. III. There is no regulatory body either to warn the small investors about the risks of options trading or to act on unregistered financial advisors in this regard. Which of the statements given above are correct?

States NSE is India's largest exchange, offers a trading platform for derivatives (including equity derivatives) and has nationwide electronic volume.

A student could combine this with external global exchange volumes (e.g., top exchanges' derivatives volumes) to estimate India's share by comparing NSE derivatives volumes to global totals.

Notes that India has leading stock exchanges and specifies settlement cycle (T+2), implying operational maturity and standardized trading infrastructure that supports high contract volumes.

Use knowledge that mature, high-liquidity exchanges tend to generate larger option contract volumes; compare India's exchange infrastructure and typical volumes with other mature markets to judge plausibility.

Says India's percentage share in global trade is 'on the lower side', indicating India is a relatively smaller share of some global economic aggregates.

A student could use the idea that India often holds a smaller share of global economic activity to hypothesize a modest percentage share of global option contracts unless domestic derivatives activity is disproportionately large.

Provides concrete percentages of India's exports to major partners, demonstrating how India’s share metrics are presented and evaluated in international contexts.

Apply the practice of expressing national contributions as percentage shares of global or bilateral totals to compute India's share of global option contracts once volumes are obtained externally.

Shows breakdowns and percentage shares for commodity groups in exports, exemplifying use of percentage-share tables for national economic aggregates.

Students can follow the same method—obtain India's annual traded option contract count (from NSE reports) and divide by total global annual traded contracts to produce the requested percentage.