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Which of the following statements about the Multi Commodity Exchange (MCX) is true?
  • a)
    MCX primarily deals in hard commodities like precious metals.
  • b)
    MCX is regulated by the Forward Markets Commission (FMC).
  • c)
    MCX is headquartered in Chennai, India.
  • d)
    MCX does not offer futures trading in agricultural commodities.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements about the Multi Commodity Exchange (...
The correct answer is Option A. MCX primarily deals in hard commodities like precious metals (e.g., gold and silver), non-ferrous metals, energy commodities (e.g., crude oil and natural gas), and some agricultural commodities. It is not headquartered in Chennai; its main office is in Mumbai. The Forward Markets Commission (FMC) merged with the Securities and Exchange Board of India (SEBI) in 2015, making SEBI the regulatory authority for MCX.
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Which of the following statements about the Multi Commodity Exchange (MCX) is true?a)MCX primarily deals in hard commodities like precious metals.b)MCX is regulated by the Forward Markets Commission (FMC).c)MCX is headquartered in Chennai, India.d)MCX does not offer futures trading in agricultural commodities.Correct answer is option 'A'. Can you explain this answer?
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Which of the following statements about the Multi Commodity Exchange (MCX) is true?a)MCX primarily deals in hard commodities like precious metals.b)MCX is regulated by the Forward Markets Commission (FMC).c)MCX is headquartered in Chennai, India.d)MCX does not offer futures trading in agricultural commodities.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which of the following statements about the Multi Commodity Exchange (MCX) is true?a)MCX primarily deals in hard commodities like precious metals.b)MCX is regulated by the Forward Markets Commission (FMC).c)MCX is headquartered in Chennai, India.d)MCX does not offer futures trading in agricultural commodities.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements about the Multi Commodity Exchange (MCX) is true?a)MCX primarily deals in hard commodities like precious metals.b)MCX is regulated by the Forward Markets Commission (FMC).c)MCX is headquartered in Chennai, India.d)MCX does not offer futures trading in agricultural commodities.Correct answer is option 'A'. Can you explain this answer?.
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