An MoU between BSE and Akola-based bullion associations
12 August 2020 Current Affairs: The Bombay Stock Exchange has signed an MoU (Memorandum of Understanding) with Maharashtra-based bullion trade and industry associations Akola. the main objective of this MoU is to boost cooperation between the BSE and physical markets in many sectors such as knowledge sharing, education and training, events and mutual interests.
In addition, the Bombay Stock Exchange (BSE) is going to organize many activities including seminars and awareness programmes on price-risk management for jewellers and traders. BSE will work to create awareness for hedging tools such as derivatives contracts.
About Bombay Stock Exchange –
Location – Mumbai
Founded – 9 July 1875
Chairman – Vikramajit Sen
MD & CEO – Ashishkumar Chauhan