2017
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
With Whom National Multi-Commodity Exchange (NMCE) will merge to make India’s third biggest commodity exchange?
|
|
Shanghai Stock Exchange
|
|
|
Japan Exchange Group
|
|
|
London Stock Exchange
|
|
|
Indian Commodity Exchange (ICEX)
|
Explanation:
Detailed explanation-1: -National Multi Commodity Exchange (NMCE), India’s first demutualised online national multi-commodities exchange will merge with Indian Commodity Exchange (ICEX). The merged entity will create India’s third biggest commodity exchange.
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. It is India’s largest commodity derivatives exchange.
Detailed explanation-3: -NMCE offers electronic platform for future trading in plantation, spices, food grains, non-ferrous metals, oil seeds and their derivatives.
There is 1 question to complete.