McqMate
| Q. |
In which of the following countries long staple type of cotton is mainly grown? |
| A. | India |
| B. | Egypt |
| C. | Greece |
| D. | China |
| Answer» B. Egypt | |
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Explanation: The merger between Commodity Exchange Inc. and the New York Mercantile exchange has created the world’s largest physical futures trading exchange, called COMEX. Since the merger in 1994, the COMEX division has incorporated the trading of aluminum future contracts. New York Mercantile Exchange (COMEX) and Chicago Mercantile Exchange (CME) is the world’s largest gold futures trading center. |
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