2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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NCDEX
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MCX
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ITC
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None of these
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Detailed explanation-1: -India’s largest commodity exchange the Multi-Commodity Exchange of India Ltd (MCX) on August 24 launched the country’s first bullion index, MCX iCOMDEX Bullion, or Bulldex.
Detailed explanation-2: -The Exchange, which started operations in November 2003, operates under the regulatory framework of Securities and Exchange Board of India (SEBI).
Detailed explanation-3: -MCX iCOMDEX Bullion Index is one of the sectoral indices in the MCX iCOMDEX family, and the index is based on the liquid gold and silver futures contracts traded on MCX.
Detailed explanation-4: -Multi Commodity Exchange of India Ltd (MCX) (BSE: 534091) is a commodity exchange based in India. It is under the ownership of Ministry of Finance, Government of India. It was established in 2003 by the Government of India and is currently based in Mumbai, Maharashtra .