2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the name of India’s first sectoral index in the Agri commodities basket that was launched by the National Commodity and Derivatives Exchange Limited (NCDEX)?
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SAUREX
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NSEX
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NCDEX
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GUAREX
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Explanation:
Detailed explanation-1: -GUAREX is a price based sectoral index which tracks the movement in the futures contracts of guar gum refined splits and guar seed on a real-time basis.
Detailed explanation-2: -National Commodity & Derivatives Exchange Limited.
Detailed explanation-3: -NCDEX GUAREX provides real-time commodity futures price index, designed to provide exposure of Guar Complex Commodity to market participants. The index is based on the liquid Guargum and Guarseed futures contracts traded on NCDEX. The Index will act as an important tool in benchmarking and trading for the market.
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