CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Multi Commodity Exchange of India and this China commodity exchange company sign MoU for co-operation and the exchange of information.
A
Dalian Commodity Exchange
B
Zhengzhou Commodity Exchange
C
Shanghai Futures Exchange
D
China Financial Futures Exchange
Explanation: 

Detailed explanation-1: -The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management.

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: -MCX operates in the same manner as the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), offering commodity derivative contracts across segments including agriculture commodities, metals and energy among others.

Detailed explanation-4: -Mcx Shares Drop Most In 10 Months After Extension Of Software Services Contract, Brokerage Downgrade.

There is 1 question to complete.