Question
Which of the following Statements about MCX is/are
True? I- MCX is an independent Indian government owned commodity exchange based in India. II- It is owned by the Ministry of Corporate Affairs. III- Aluminium, Copper, Lead, Nickel, Zinc can be traded in MCX.Solution
Multi Commodity Exchange of India Ltd (MCX) is an independent Indian government owned commodity exchange based in India. It is under the ownership of Ministry of Finance , Government of India. It was established in 2003 by the Government of India and is currently based in Mumbai . It is India's largest commodity derivatives exchange. Commodities traded include - Metal - Aluminium, Copper, Lead, Nickel, Zinc Bullion - Gold, Gold Mini, Gold Guinea, Gold Petal, Gold Petal ( New Delhi), Gold Global, Silver, Silver Mini, Silver Micro, Silver 1000. Agro Commodities - Cardamom, Cotton, Crude Palm Oil, Kapas, Mentha Oil, Castor seed, RBD Palmolien, Black Pepper. Energy - Crude Oil, Natural Gas.
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