BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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MGEX
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MCE
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MDEX
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MCX
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Detailed explanation-1: -Multi Commodity Exchange of India Ltd (MCX) is an independent commodity exchange based in India.
Detailed explanation-2: -The MCX iCOMDEX series consists of a Composite index, apart from three sectoral indices: the Base Metal index, the Bullion index and the Energy index, and also nine single-commodity indices: Gold, Silver, Aluminium, Copper, Lead, Nickel, Zinc, Crude Oil and Natural Gas indices.
Detailed explanation-3: -Some of the commodity exchanges in India includes-National Spot Exchange Limited (NSEL), Indian Commodity Exchange Limited (ICEX), Multi Commodity Exchange (MCX), National Commodity and Derivatives Exchange Limited (NCDEX), National Multi-Commodity Exchange of India Ltd (NMCE) Q.
Detailed explanation-4: -The National Commodity and Derivatives Exchange (NCDEX) and the Multi Commodity Exchange (MCX) are both electronic commodities exchanges in India. They are separate businesses and compete with one another.