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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
          Name of four commodity exchanges working in the country:
    1. National Multi Commodity Exchange
    2. Multi Commodity Exchange
    3. National commodity and Derivatives Exchange
    4. Indian Commodity Exchange
    Choose the correct answer.

    A) 1 and 2                        

    B) 1, 2, 3

    C) 1, 2, 3, 4         

    D)        None of the Above

    Correct Answer: C

    Solution :

    There are four commodity exchanges working in the country. They are NMCE (National Multi Commodity Exchange) - the oldest commodity exchange in the country which became operational in 2002, MCX (Multi Commodity Exchange), NCDEX (National Commodity and Derivatives Exchange) and ICEX (Indian Commodity Exchange).


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