Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.63)

63. 

__________ has signed a MoU with the Bombay Stock Exchange to launch trading in steel futures.

[A]. JSW Steel
[B]. Steel Users Federation of India
[C]. All India Stainless Steel Industries Association
[D]. Steel Authority of India

Answer: Option B

Explanation:

The Steel Users Federation of India has signed a MoU with the Bombay Stock Exchange to launch trading in steel futures. BSE and SUFI will work towards enlisting steel futures in both long and flat segments, which will bring stability, risk-aversion besides creating a level-playing field for all players. BSE offers trading in commodities like gold, silver, crude oil, guar, cotton and turmeric.

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