BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
National Spot Exchange (NSEL) is the news for defaulting payments to investors. Who is the founder promoter of FT?
A
Jignesh Shah
B
Harshad Mehta
C
Ketan Parekh
D
A K Telgi
Explanation: 

Detailed explanation-1: -Also read. Jignesh Shah is the Chairman and Group Chief Executive officer of Financial Technologies (India) Ltd (FTIL) and holds a 45.5 per cent stake in the company along with his family. FTIL holds 26 per cent in MCX and 99.99 per cent in NSEL.

Detailed explanation-2: -The National Spot Exchange Limited (NSEL) is India’s first spot exchange under the ownership of Ministry of Finance, Government of India.

Detailed explanation-3: -Financial Technologies India (FTIL) promoter Jignesh Shah Tuesday was arrested by the Central Bureau of Investigation (CBI) in the MCX-SX Sebi case.

There is 1 question to complete.