BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Who is the newly appointed Managing Director and CEO of MCX-SX?

A	Srikant Javlekar
B	Saurabh Sarkar
C	U.K. Sinha
D	Prateep Chowdhary

Explanation:

Detailed explanation-1: -Mumbai, November 7, 2022: We wish to inform that SEBI has accorded its approval today for appointment of Dr Harsh Kumar Bhanwala as Chairman of the Governing Board of MCX in terms of the provisions of Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018.

Detailed explanation-2: -Jignesh Shah is the founder and former CEO of the Multi Commodity Exchange of India Ltd. (MCX), and co-founder, chairman and managing director of Financial Technologies (India) Ltd (FTIL), the software firm which launched the commodities platform in November 2003.

Detailed explanation-3: -The full form of MCX is Multi Commodity Exchange of India Limited. MCX is India’s first commodity derivatives exchange facilitating online trading of commodity derivatives transactions.

Detailed explanation-4: -Madhabi Puri Buch took charge of chairman on 1 March 2022, replacing Ajay Tyagi, whose term ended on 28 February 2022. Madhabi Puri Buch is the first woman chairperson of SEBI.

There is 1 question to complete.