Multiple choice general knowledge

Which entity has picked up a sizeable stake in India’s largest commodity exchange market, the Multi Commodity Exchange (MCX)?

  1. NYSE

  2. Dow

  3. Nikkei

  4. NASDAQ
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

NYSE Euronext acquired a significant stake in Multi Commodity Exchange (MCX) in 2008-2009, making it the first foreign exchange to invest in an Indian commodity exchange. This strategic investment helped MCX expand its international presence and credibility. NASDAQ is primarily an electronic stock exchange, while Dow and Nikkei are stock market indices.

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