National Commodities And Derivatives Exchange (NCDEX)

National Commodities And Derivatives Exchange (NCDEX),

National Commodities And Derivatives Exchange (NCDEX):

The National Commodity and Derivatives Exchange (NCDEX) is a commodity exchange that deals primarily with agricultural products in India. The National Commodity and Derivatives Exchange was established in 2003 and is headquartered in Mumbai. Many of the leading financial institutions in India are included in the NCDEX. As of September 2019, the main shareholders are Life Insurance Corporation of India (LIC), National Stock Exchange of India Limited (NSE) and National Bank for Agricultural and Rural Development (NABARD).

  • The National Commodity and Derivatives Exchange (NCDEX) is a commodity exchange that deals primarily in agricultural products in India.
  • The National Commodity and Derivatives Exchange is located in Mumbai but facilitates trade. There are offices all over the country.
  • Exchanges like NCDEX also play a key role in improving India's agricultural practices.
  • Major agricultural products traded on NCDEX include barley, wheat and soybeans.

Literal Meanings of National Commodities And Derivatives Exchange (NCDEX)

National:

Meanings of National:
  1. Citizens of some countries are generally eligible to carry a passport for that country.

  2. National competition or tournament.

  3. It refers to a characteristic of an ordinary nation or an entire nation.

Sentences of National
  1. A German citizen

  2. This policy may be in the national interest.

Synonyms of National

public, federal, resident, inhabitant, subject, native, governmental, state, citizen

Commodities:

Meanings of Commodities:
  1. Raw materials or basic agricultural products that can be traded, such as copper or coffee.

Sentences of Commodities
  1. Raw materials such as copper and coffee

Synonyms of Commodities

artefact, thing, piece of merchandise, object, product, material, type of produce, article, item

And:

Meanings of And:
  1. A boolean operator that returns only when all tasks are the same and otherwise zero.

  2. It is used to include words in a speech, a clause or a single part of a sentence that needs to be put together.

  3. It is used to introduce additional comments or interactions.

  4. It is used to indicate the intention after some verbs and before other verbs, "no"

Sentences of And
  1. If he had to make a decision, and it was the worst, he would turn his back on his parents.

Synonyms of And

and, not to mention, coupled with, as well as, in addition to, also, besides, including, with, along with, too, together with, added to

Derivatives:

Meanings of Derivatives:
  1. Something based on another source.

  2. A contract or product (such as a futures contract, option, or bond) whose value depends on the value of an underlying asset, such as a bond. B. Any item, currency or security, derivative and dependent.

  3. An expression representing the rate of change in function on an independent variable.

  4. Imitate the work of other artists, writers, etc. And that's why I didn't like it in general.

  5. (Of a product) whose value is derived from the basic variable asset.

Sentences of Derivatives
  1. The aircraft is derived from the Falcon 20G

  2. The market of the future

  3. He did extensive work on general inequality in functional derivatives.

  4. An artist who never passed away

  5. Equity derivative

Synonyms of Derivatives

spin-off, uninventive, by-product, subsidiary product, uninspired, unoriginal, non-innovative, imitative, offshoot, unimaginative

Exchange:

Meanings of Exchange:
  1. The act of giving one thing in return and receiving another (especially of the same type or price).

Sentences of Exchange
  1. Negotiations led to the exchange of land for peace.

Synonyms of Exchange

traffic, change, trading, swap, swapping, interchange, giving and taking, trafficking, reciprocity, bandying, trade, switch, barter, trade-off