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Who took charge as the Managing Director and CEO of the Multi Commodity Exchange of India (MCX) in May 2019?

Who took charge as the Managing Director and CEO of the Multi Commodity Exchange of India (MCX) in May 2019? Correct Answer P.S. Reddy

The correct answer is P.S. Reddy.

Important Points

  • The largest commodity bourse Multi-Commodity Exchange of India Ltd (MCX) launched India’s first commodity options in Gold.
  • MCX was launched by Union Finance Minister Arun Jaitley.
  • MCX was established in 2003 and is based in Mumbai.
  • MCX was seventh among the global commodity exchanges in terms of the number of futures contracts trade in 2016.

Key Points

  • Chittaranjan Rege is Head of the Base Metals, Multi Commodity Exchange of India.
    • Multi Commodity Exchange of India Limited is an independent and de-mutualized exchange. The Exchange is recognized by the Government of India for facilitating online trading, clearing, and settlement operations for commodity futures markets across the country.
  • Pareshnath Paul is Chief Information Officer at Multi Commodity Exchange of India Ltd.
  • Deepak Mehta is former head of Multi Commodity Exchange of India.

Related Questions

With reference to Multi Commodity Exchange Ltd, consider the following statements: 1. It is the country’s largest metals and energy commodity bourse. 2. It offers futures trading in bullion, ferrous and non-ferrous metals, energy, and agricultural commodities. 3. Globally, MCX ranks first in crude oil, second in natural gas, third in and gold and silver in futures trading. Which of the above statements is/are correct? 
The price of commodity X increases by 40 paisa every year, while the price of commodity Y increases by 15 paisa every year. If in 2001, the price of commodity X was TK4.20 and that of Y was TK 6.30, in which year commodity X will cost 40 paisa more than commodity Y?
The price of commodity X increases by 40 paisa every year, while the price of commodity Y increases by 15 paisa every year. If in 2023, the price of commodity X was Tk. 4.20 and that of Y was Tk. 6.30, in which year commodity X will cost 40 paisa more than the commodity Y?
The price of commodity X increases by 40 paise every year, while the price of commodity Y increases by 15 paise every year. If in 2001, the price of commodity X was Rs. 4.20 and that of Y was Rs. 6.30, in which year commodity X will cost 40 paise more than the commodity?
The price of commodity X increases by 60 rupees every year, while the price of commodity Y increases by 20 rupees every year. If in 2002, the price of commodity X was Rs. 320 and that of Y was Rs. 740, in which year commodity X will cost 60 rupees more than the commodity Y ?
The price of commodity X increases by 40 paise every year, while the price of commodity Y increases by 15 paise every year. If in 2001, the price of commodity X was Rs. 4.20 and that of Y was Rs. 6.30, in which year commodity X will cost 40 paise more than the commodity Y ?
An independent director means a director other than a managing director or a whole-time director or a nominee director who does not have any material or pecuniary relationship with the company/directors. Which of the following should be the number of Independent Directors in every listed public company (fraction is to be rounded off to one)?
The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form acoherent paragraph.
P: The recent reduction in interest rates in the US and the injection of liquidity have resulted in investors seeking new avenues such as commodity markets, in view
of the turbulence in financial markets and the low returns in treasuries.
Q: The relatively easy liquidity and low interest rates, by themselves, make holding of inventories attractive and thus induce volatility in commodity markets.
R: The financialisation of commodity trade and current extraordinary conditions in global financial markets could have influenced the spurt in prices.
S: The weakening of the US dollar is also advanced as a reason for the recent volatility in commodity markets, including food items.
Study the given information carefully and answer the question given below: Shikhar walked 18 km towards east, took right turn and walked 20 km. He then took a left turn and walked 25 km. Then, he took a left turn walked 20 km. Then, he took a right turn and walked 10 km. then, he took a left turn and walked 24  km. Finally he took a left turn and walked 35 km. How far was he from the starting point?
From the following determinants of the price elasticity of demand, indicate the correct option for the determinants having a positive relationship with the degree of the price elasticity of demand.
1. Range of substitutes of the commodity
2. Extent of the different uses of the commodity
3. Portion of the income of the buyer spent on the commodity
4. Income group of buyers purchasing the commodity