CSE & NCDEX signs MoU for Commodities and Derivatives Trading

Current Context: The Colombo Stock Exchange (CSE) and the National Commodity and Derivatives Exchange (NCDEX) signed the MoU in Colombo, Sri Lanka on January 21, 2025.

• Important Highlights:
• Knowledge-Sharing Initiatives: The collaboration will involve sharing expertise and best practices in derivatives and commodities trading.
• Technological Support: NCDEX will provide technological support to enhance the trading infrastructure at CSE.
• Capacity-Building Programs: Training and development programs will be conducted to improve skills in technology, systems, and regulations.
• Mutual Growth: The partnership aims to expand market offerings, attract new participants, and contribute to a sustainable and efficient trading ecosystem.

Question:

1. When was the MoU between the Colombo Stock Exchange (CSE) and the National Commodity and Derivatives Exchange (NCDEX) signed?

• A) January 15, 2025
• B) January 21, 2025
• C) January 25, 2025
• D) January 30, 2025

Answer: B) The MoU was signed on January 21, 2025, in Colombo, Sri Lanka.