SSC Economics Sample Paper NCERT Sample Paper-7

  • question_answer
    Which one of the following is not correctly matched

    List- I List- II
    NCDEX Agri-commodity Exchange

    List- I List- II
    MCX Multi Commodity Exchange

    List- I List- II

    List- I List- II

    Correct Answer: C

    Solution :

    [c] MCX is Multi Commodity Exchange of India. It is incorporated in Mumbai. NCDEX is a National commodity and Derivative Exchange of India. It works like a Stock Exchange and one can trade various commodities such as food grain, edible oil, spices, gum, cotton and other cash crops, crude, gold and silver etc. in this exchange. Nifty is the index of National Stock Exchange (NSE) is referred as. BSE refers to Bombay Stock Exchange. Index of Bombay Stock Exchange (BSE) is referred as SENSEX. SENSEX represents sensitive index of thirty major shares of Indian market.

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