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Circular no.: MCX/CTCL/419/2020 June 16, 2020 ___ Test Market Environment for testing Negative () Price ___ In terms of provisions of the Rules, ByeLaws and Business Rules of the Exchange and in continuation

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What is test market environment for?

The test market environment is for evaluating the potential performance of a product in a controlled setting before a full launch, allowing companies to gauge consumer reactions and make adjustments as needed.

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Businesses planning to introduce new products or services in a test market scenario are required to file for test market environment.

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To fill out a test market environment form, businesses must provide specific details about the product, target demographic, market location, and duration of the test, along with any relevant financial projections.

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