2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who signed an Memorandum of understanding (MoU) Multi Commodity Exchange of India Limited (MCX) recently?
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Mahindra Agri Solutions Limited
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Reliance Industries
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Ashok leyland
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Larsen and toubro
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Explanation:
Detailed explanation-1: -MCX, NSE in talks to team up for bigger exchange play The strengths of both exchanges makes such a merger expedient, according to industry experts.
Detailed explanation-2: -Multi Commodity Exchange of India Ltd (MCX) is a commodity exchange based in India. It was established in 2003 by the Government of India and is currently based in Mumbai.
Detailed explanation-3: -Securities and Exchange Board of India (SEBI) regulates the commodity derivatives market in India since September 28, 2015.
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