CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which stock exchange has launched an electronic spot platform for Agriculture Commodities?
A
National Stock Exchange of India Ltd.
B
Bombay Stock Exchange
C
India International Exchange
D
Calcutta Stock Exchange Ltd.
Explanation: 

Detailed explanation-1: -The exchange said in a statement, the BSE e-Agricultural Markets Ltd (BEAM) platform will act as an institutionalised, electronic, open, national level commodity spot trading platform in line with the vision of the prime minister to establish a single market.

Detailed explanation-2: -The platform facilitates spot agricultural commodities transactions across value chain consisting of producers, intermediaries, ancillary services and consumers, said BSE.

Detailed explanation-3: -National Agriculture Market or eNAM is an online trading platform for agricultural commodities in India. The market facilitate farmers, traders and buyers with online trading in commodities.

Detailed explanation-4: -(BEAM)” - through its subsidiary BSE Investments. Accordingly, the platform functions as a “national level, institutionalised, electronic, transparent commodity spot trading platform in line with the Prime Minister’s vision to create a “single market".

Detailed explanation-5: -e-National Agriculture Market (e-NAM) Scheme.

There is 1 question to complete.